Added: 2 years ago
From: CBSNewsOnline
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  • WAKE THE FUCK UP AMERICA!! GET YOUR HEADS OUT OF YOUR ASS LONG ENOUGH TO SEE HOW WE GET DRY FUCKED BY A BIG RED WHITE& BLUE DICK IN THE ASS EVERY DAY!!

  • Contact your representative and urge him or her, to reinact the Glass-Steagall Act, that was repealed in 1996 during the Clinton years in the White House. Goldman-Sachs has been lobbying for it's repeal since the fifties, and now we know why. When the housing bubble was ready to burst these guys sold the paper(mortgages) with AAA ratings thanks to Paulson who was the Treasury Secretary at the time. It's a clear abuse of power and conflict of opinion, which should be criminal at the least.

  • The question is, why did we bail them out in the first place, when the British unit caused the problem to begin with. I haven't been able to find out if AIG ever has to pay this back or was it just a gift from Uncle Sam. GM is paying it back, so they say anyway. Who can you trust? Nobody thats who. I had money in a 401K with T.Rowe Price, because I was losing more money than I was making. I took it out and invested in CD's. At least I wasn't losing money.

  • where is AIG today? seize thier frigging assets u piss heads! If I default on my assets...they are repo'd....stinking fed reserve pussies!

  • Not one of these Big Banking crooks on both sides of the Atlantic have gone to prison for stealing trillions from the tax payers or manipulating the financial markets.

  • if anyone had balls in the US military this whole crew would in a mass grave!

  • I dont know about all those who come here to see and here this video, and many videos similar to this video, but I have seriously thought about running for the hills, and having a "live off the land" scenario; this circus has gotten out of hand, foot, elbow, ear, nose, throat, ass, back, and anything else you guys can think off. it's just redickeelus.

  • R u kidding me?? I mean seriously?? We could not negotiate?? WTF? Without the FED those AIG would have gone bust!! How in the fuck was it not possible to negotiate? If I lost $100 taking foolish risks that I knew were wrong, an then some1 came 2 me and said hey I'll give ya $50 and no more. If u don't wanna take it I wont give ya shit dick weed. I would have no choice but to make that $50 work 4 me right?? I mean this is absolute lunacy!!

  • What a fucken sham....why do we aloud this?

  • The Federal Reserve is an evil unconstitutional institution that must fail! It serves the interests of a few elite bankers that wish to enslave and destroy the world. The Fed must END

  • CBS do your JOB!! Report on this...this is WORSE then WATERGATE!

  • I heard on the radio today that Geithner's group of vehicles were left idling for hours while he was at Honeywell (in Minnesota) yesterday discussing 'green jobs'. Can anyone verify this?

  • big deal, another play between congress and the bankers, how many of the sheep are going to take this in as a 'real' ,a lot, that is my guess..there is no recourse, nobody gets fired, nobody goes to jail..afterall..its only stupid taxpayer money..what do they care.

  • @rootytooty23

    once you paid your taxes - it is no longer your money. the only thing you can do is vote or file a lawsuit if you have a complaint. so, i would not get too bent out of shape about what's going on inside the government. remember, we have watchdogs in place for checks and balances - we live in the USA - the best country on earth.

    you pay taxes for your protection and for the enforcement of the law. law is written by congress. if you have suggestions, contact your congressman.

  • @cageybee777 We can all protest for our government to arrest these criminals.

  • @CalifSunshine2008

    Don't worry about them - we already have watch dogs in place - FBI, IA, SEC, Congress Committees etc.

    Don't worry about them, because it is not worth your time.

    Relax, all you can do is vote ;)

  • continue...

    one of the D senator pointed out clearly none of the R on the panel wants to join in to make financial response. these guys are just trying to stale financial reform by trying to attack the financial sec. when geithner said "if you are outage with AIG you should join the reform" none of the R make an answer. and insist there is no BIpartianship. my butt!

  • continue...

    bear stern also failed which was one of the most powerful fix income house, morgan stanley and merryl lynch was also on the way.

    if AIG failed, your 401k, global stock markets would certainly collapse for even longer.

    Geithner did the right thing. he deserves recognition. could it be better? who knows. the result after 1 year has spoken for itself. the world did not go into a depression like 1929. where goldman sach almost disappeared from the land.

  • it is a a total waste of time this senate grill. it was so unfair to Geithner. the "angry" senators were asking the same questions again and again. poor gneithner had to answer it again and again. honestly the man replied. just listened. these guys were not in the hot seat. so they can be like barking dogs.

    they choose to ignore the fact that, that was the weekend that Lehman (the next most important firm after goldman) just failed,

  • Madoff would be proud of his son.

  • I hope they learned that we can't have a company that is TOO BIG TO FAIL. Each big company needs to be split into smaller companies just like share get split on the stock market. If we'll allow them to to do this to us and be at their mercy, then we are screwed. Break them down into smaller independent pieces that are connected together and are working towards common goal - they'll be more efficient.

  • you totally missed the point.

    "We" can't have a company??

    It's not "OUR" company and it's certainly not the gvernments company.

    And it's none of thier business.

    Let em fail The market is best at punishing businesses for poor management.

  • I think you missed the point - not me. AIG could not fail, simply because it would make millions of people miserable or dead. You and your buddy "demagogue" Ron Paul can sit there and think that you can allow millions of people to go under and get away with it. That's not how real life works. At stake was TOO MUCH - you can't let that fail - if you do, you'd be out of the office in 1 minute.

  • @cageybee777 The money at AIG went to foreign countries. Why do you think they saved AIG? It is where the congress pensions are held.

  • @CalifSunshine2008

    Yes I agree with you. There's more than meets the eye here. I don't believe it was just banks that got bailed out. Funds for covert operations for like it.

  • @CarnelT It's not going on just here .... the EU bankers are more then likely involved.

  • @CalifSunshine2008 Thank god the EU is far more heavily regulated and not a free-for-all as America is.There corrupt things don't happen in the EU that fast.

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