Archive for March 18th, 2009

AMERICA’S GRANNY-BASHERS: DIFFERENT FACTS BUT THE SAME POLICIES

By Dean Baker, AlterNet Posted on March 17, 2009, Printed on March 18, 2009 http://www.alternet.org/story/131945/ The granny basher crew constitutes one of the largest and most determined lobbies in Washington. The top priority for this lobby is to cut Social Security and Medicare. The lobby includes the Peter G. Peterson Foundation, with an endowment of [...]

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The Nationalization Option

By Harold Meyerson Wednesday, March 18, 2009 The Washington Post You might think that having anted up $173 billion of our own money, we taxpayers would have some leverage at AIG, now that we own 80 percent of the shares. You might think that when chief executive Edward Liddy, a holdover appointee of Hank Paulson’s, [...]

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The Costs of Bailout Rage

By Ruth Marcus Wednesday, March 18, 2009 – The Washington Post Could we put down the pitchforks for just a moment and have a reasonable discussion about the bonuses at American International Group? No, I didn’t think so. Here goes anyway. I get the outrage. It’s galling to pay $165 million to a bunch of [...]

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Our Mission at AIG: Repairs, and Repayment

By Edward M. Liddy Wednesday, March 18, 2009 The WashingtonPost The government rescue of American International Group (AIG) and other financial firms has produced a palpable wave of anger on the part of Americans and a rising public demand for accountability from corporate and government leaders. The anger is understandable, and I share it. I [...]

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