AIG's ex-CEOs blamed for crisis: House panel chairman Rep. Henry Waxman says executives got undeserved riches, while ex-CEOs Robert Willumstad and Martin Sullivan blame accounting rules for leading to $85B bailout. Huge bonuses that they didn't deserve.

[musclecarpower]

Another learning venture and the golden rule applies here as well as with everything that happens. HE WHO HAS THE MOST GOLD MAKES ALL THE RULES.

[mastior]

16 of 20 of IG Farbens EXEC's & Prescott Bush were charged as WAR CRIMINALS in 1945 Holocaust Survivors sued Bush & Farben recovered Billions Farbens got prison some were hung Bush got time also. Bush shared offices with JOSEPH MENGELE at IG Farben Concentration Camp Silesian Steel Bushs Steel plant forced JEWS to make Steel for HITLER killed the frail. BUSH made Senators Judges etc of HITLERS Henchmen, infiltrating USA Politics Altering US Constitution for their Monopolies GREED TRILATERALS

[mastior]

American IG AIG IG CHEMIE

D. A. Schmitz, a naturalized U.S. citizen, was the brother of Hermann Schmitz, the head of I.G. Farben, and Walter Duisberg, a U.S. citizen since 1933, was the son of Carl Duisberg, the founder of I.G. Farben. GAF. THESE are Trilaterals & are what has infiltrated our POLITICs. Gangster Politicians, INSIDER PUPPETS. Todays Government is FED as GWashington called them THE FEDERALISTS anti America Socialist Commies High Treason Traitors ABOLISH the FED RES MCCAIN

[klard]

It must be obvious that the big dog criminal slipped out and these clowns were hired to be the fall guys.

[rw5791]

this is like leaving the barn door open and then blaming the wolves for killing the livestock.Stop sending every factory to china and stop telling the banks who to lend their money and you solve the problem.

[Dewdaahman]

why don't mortgages have a book value like a car, stocks,etc..? a value that will never below a certain point..

[joshEakins25]

Thats not what book value is. Book value is how much something is worth at the time it is recorded on the books. Its more like a snapshot in time than a limit.

[ficote72]

Waxman is in the list of shame of democrats no supporting resolution HR1207 to audit the FED

[moonraker416]

Maybe because he is aware that the Fed already gets audited?

[mikemamzic]

@moonraker416 no it doesn't and under law the government can not audit the fed. Nor may they sit in at a FED meeting unless invited haha

[terrorbytepresents]

Wheres the lynch mob when u need them?

[CoolDojo9000]

Large transfer of wealth from the American middle class and poor to the Wall Street elite.

These idiot/FAR OVERPAID investment bankers and even more retard executives bringing down an empire.

Fascinating.

[SouthsideBuddy]

AIG sold an Insurance policy covering home loans no matter how bad they were. They had nothing to back their policy,nothing. That is a Ponzi scheme. Madoff will have company in jail.

[shqiptr]

"AIG sold an Insurance policy covering home loans" ??!!

u sure about that?

lol...

sad.

[ChicagoJoe57]

Hey Robert Willumstad and Martin Sullivan, are you guys straight?

[obaidkarki]

80% of world life insurance policy are aig's issued with no cover out of thin air. aig sold it at a cent a dolar uncle sam is stuck with billion policy today. thats more scary than nuke the entire world. Obama has to continue paying until john hagee's god says stop it.

[cotullaguy]

AIG was involved in 9/11. Research their connection with keywords "A Film to end all wars" on you tube.

[MrsSarb]

Two words:

AUSTRIAN ECONOMICS

Learn what it is and realize that this country is becoming socialist/fascist at a rapid rate. Only THE PEOPLE of this country can make it change. People MUST begin to learn how to make this crap stop.

[DONEwCA]

Looks like we're going to War again.

Monster posted 1000 Navy jobs for; Dr's, Dentist's, Nurses and Officers on 3/13. Army posted 1000 jobs on Careerbuider today.

Guess more American's are going to die for Corp America big bonus exec's.

Like our Gov didn't know until the last minute those bonuses would be paid.

If the exec's were fired a year ago for the bad job - NO bonuses !

Like Dem's made a call at the last minute to try and stop it. Ya right.

[rebo550]

123qvd : Your coment is BULL !!!! These guys are no diffrent than the guys that wear masks and rob banks. This guy is a piece of junk, they all are.

[sebring98]

I have the urge to vomit when i see these billionaire SWINE stealing from the working man and woman!!!!!!!

DIE AIG, you deserve to ROT!

[Silberdachs]

AIG post a $65b quarterly loss, biggest in world history. Unfettered greed comes home to roost with a vengeance. Not long now before the victims of this crime (US taxpayers) shout "Enough is Enough. We don't want any more fake apologies from those responsible. We want their blood!"

When the US$ finally collapses this summer (2009) under the weight of all the inflationary money being put into the system now, it'll prompt the USA's creditors to foreclose on US debt. It's going to get ugly folks.

[emcga150]

"Owners of capital will stimulate working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks which will have to be nationalized and State will have to take the road which will eventually lead to communism."

Karl Marx, 1867

FANNIE-MAE AND FREDDIE-MAC ARE BOTH BRAIN CHILDS OF THE BUSH FAMILY

[marcelonator]

Don't you guys wonder stuff like....who the fuck is the guy on the right???

[headake22]

Martin Sullivan is a crook and any scumbag like him can work himself from the bottom when your un accountable for everything you say he will be raped in prision and his family name scarred for life reputation i would rather be a average job than the scum of the earth this fat cat stole the average joes money who invested in his company and then he bailed out it does not work that way who do ou think you are stupid ideas from a stupid person

[123qvd]

Who the fuck are you chigagojoe,Martin Sullivan has worked his way from the very bottom to the very top unlike an average joe like you. When you get to the top its a differnt game and all CEO of every company play that game, its just the way it works.

[uturniaphobic]

claw-back = payback!

I hear lawsuits are a comin' to reclaim all these gains/bonuses. as if....but I am hearing rumors..

Rightfully so, if this guy had a ship he'd be a pirate...

thanks for the show!

[moichidomoichido]

I used to be an executive assistant for a large biotech company in california. My boss used to get faxes from Lehman Bros. describing companies about to go public. I was told not to look at these faxes when I delivered them. Showed them to a friend who is a former FBI agent turned commercial real estate agent. He told me that this was insider trading and it was the rule, not the exception. My bosses address book had entries like "David Rocker" at Chase Manhattan and other Trilateral members.

[aronoda]

Yep, of course it goes on. How can people not participate in insider trading its too ez, plus its hard to prove.

[moichidomoichido]

oh, don't lie to congress or give misleading statements or we'll.....do.....nothing!

Lying to Congress is soooo mainstream. Everybodys doing it! Why don't we just declare martial law and send these fools home. They're useless.

[HereComesTheIndians]

So hey everyone. Should we go protest outside these companies? Anyone in the NJ/NY area?

I'm serious.

[obaidkarki]

Bbendiksen

Bev Bendiksen boy

are you trying to be funny, get noticed or simply another nordic lars practicing urban dictionary

i am all yours

shooooooot

[ChicagoJoe57]

Is Martin Sullivan a guy? I never knew a male that got a pedicure before, only women? He's got a haircut like one of those English judges.

[quinn2469]

I have a bailout plan. These guys can get bailed out under one condition. Chuck Lidell gets to punch them in the face first. After all, Chuck was a C.P.A. so it would be a fair trial by one of their peers.

Ok, seriously, thanks Obald for posting these and showing what rats these guys are. I love seeing these pieces of shit squirm.

[soicuw]

I looooveee these videos! Keep it up!

[CaptainGratiot]

Good one Obaid .

[CircaRigeI]

The whole bailout situation pisses me off. Why should we taxpayers give the fat cats who padded their pockets a free ride? It's not right.

[cbarrett34]

I HATE these execs. They should all be murdered/executed

[GuyInvincible111]

Great video. Thanks for posting.

[mrdoonbeg]

foolishhhhhhhh

[pluralZZ9]

Did no one else see this coming?