Author Topic: The real reason AIG is getting the bailout  (Read 416 times)

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Offline LONGTOM

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The real reason AIG is getting the bailout
« on: March 19, 2009, 06:52:25 PM »
AIG  bailout --- 'the  rest of the story'
             
Remember when this economic crisis hit, and Congress
let Bear Stearns go under, they pushed a bunch of forced marriages between banks, etc.?
   
Then they bailed out AIG. 
At the time, I thought:"That's strange.
What does an insurance company have to do with this crisis?"
   
I think I just found the answer. 
Among other things,
 
AIG INSURES THE PENSION TRUST OF THE UNITED STATES CONGRESS!!
 
No wonder they got bailed out right away!
   
To hell with the people, let's protect our future, said all our
Senators and Congressmen. 
Nice to see where their loyalties lie!

To quote Ronald Reagan
" The most dangerious words in the English language.
(I'm from the government and I'm here to help you!) "


LONGTOM
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"THE TREE OF LIBERTY FROM TIME TO TIME MUST BE REFRESHED WITH THE BLOOD OF PATRIOTS AND TYRANTS".
THOMAS JEFFERSON

That my two young sons may never have to know the horrors of war. 

I will stand for your rights as my forefathers did before me!
My thanks to those who have, are and will stand for mine!
To those in the military, I salute you!

LONGTOM 9-25-07

Offline PigBoy Crabshaw

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Re: The real reason AIG is getting the bailout
« Reply #1 on: March 19, 2009, 08:33:00 PM »
Longtom, That does explain it! It seems everything that's coming out about the bail out has the government in behind it. Rat-Bass-Turds. I think were also going to be hearing more about Citibank in the near future. -g
"In God We Trust - Everyone else keep you hands where I can see them!"

Offline Questor

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Safety first

Offline magooch

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Re: The real reason AIG is getting the bailout
« Reply #3 on: March 20, 2009, 04:17:54 AM »
Do ya mean to say that not everything we see and hear is true--especially if it's on the Internet?  Or on TV, or in newspapers?  Oh my, whatever shall we do?
Swingem

Offline DalesCarpentry

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Re: The real reason AIG is getting the bailout
« Reply #4 on: March 20, 2009, 04:33:37 AM »
Now that really does piss me off!!!!!! There are hard working people losing their jobs and they are more worried about their future. Most of these comgressman are already wealthy. Dale
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Offline Questor

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Re: The real reason AIG is getting the bailout
« Reply #5 on: March 20, 2009, 04:44:13 AM »
It's an urban myth. See my earlier post.
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Offline ms

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Re: The real reason AIG is getting the bailout
« Reply #6 on: March 20, 2009, 05:18:52 AM »


Maurice "Hank" Greenberg, once floated as a possible CIA Director in 1995, is the CEO of AIG insurance (->), manager of the third largest capital investment pool in the world. Maurice Raymond Greenberg (AIG, Kroll, CFR) was born in New York City May 4, 1925, the son of Jacob Greenberg and Ada (Rheingold) Greenberg. The young man adopted the nickname "Hank" to make people think of a popular American baseball player with the name, Hank Greenberg. Greenberg served in the U.S. Army in the Korea conflict.

He joined the insurance firm, Continental Casualty Co., in 1952. Continental executive J. Milburn Smith recommended Greenberg to the C.V. Starr insurance/spy organization, which made Greenberg its vice president in 1960, its president and CEO in 1967, and its chairman, succeeding Starr, in 1969. Maurice Greenberg was deeply involved in chinese trade in the 80s, where Henry Kissinger (->) was one of his representatives.

In the China trade, Greenberg became very close to Shaul Eisenberg, the leader of the Asian section of the Israeli intelligence service Mossad, and agent for the sales of sophisticated military equipment to the Chinese military. From 1988 to 1995, Greenberg was a director of the New York Federal Reserve bank - this branch of the system is the main instrument through which Federal Reserve chiefs and the Bank of England traditionally execute their U.S. political-economic policy.

Greenberg was deputy chairman of the New York Fed in 1992 and 1993, and New York Fed chairman in 1994 and 1995. In 1993, Maurice Greenberg's American International Group (AIG ->), became co-owner of the "private spy agency", Kroll Associates (->), as a result of rescuing Kroll from bankruptcy with a cash infusion. Kroll was notorious during the 1980s as the "CIA of Wall Street" due to the prevalence of former CIA, FBI, Scotland Yard, British secret service and British Special Air Service men Kroll employed for corporate espionage in takeover bids, as well as for destabilization of foreign nations. During 1996, while Greenberg was deputy chairman of the Council on Foreign Relations (See Cfr), he chaired the CFR task force on intelligence, which published "Making Intelligence Smarter: The future of U.S. Intelligence." This report mostly served to exhibit Greenberg's access to the intelligence community; but he parlayed it into a nomination by Senator Arlen Specter and others, for Greenberg to be Director of the Cia.

Greenberg has used his connections to covert intelligence, supranational institutions, private bankers and speculators, and his huge global cash inflow, to shape a unique personal empire. Since 1997, Frank G. Wisner, Jr., has been a board member of Kroll , and is currently Greenberg's Deputy Chairman for External Affairs. Wisner's father was a founder of the U.S. Central Intelligence Agency, who killed himself over the scandal from his being duped by British-Soviet masterspy Kim Philby. Frank Wisner, Jr., is a director of the George Bush-linked energy giant Enron (a client for whom AIG negotiated payments from Peru over nationalization of Enron operations).

In the early 1990s, Miami-based private investigator Lou Polumbo joined Kroll Associates. According to sources in the industry, Polumbo brought with him a personal history of involvement with the Medallin and other South American narcotics cartels; his business included helping relocate some of the capabilities of these cartels out of Colombia. The deal to bring Polumbo into Kroll was worked out by Avram Shalom, the former head of Israel's Shin Beth secret police. Shalom went to work for Kroll; he had been fired as Shin Beth boss due to a scandalous massacre of Palestinians in the Israel-occupied territories by his Shin Beth agents.

Compare: AIG's long connection to CIA drug trafficking and covert operations was mentioned in a two-part series of Copvcia.Com, that was interrupted just prior to the attacks of September 11. AIG's stock has bounced back remarkably well since the attacks. Source: http://www.copvcia.com/stories/part_2.html

.

Offline LONGTOM

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Re: The real reason AIG is getting the bailout
« Reply #7 on: March 20, 2009, 07:49:07 AM »
It's an urban myth. See my earlier post.

Oh but they do indeed!
Not in the form of cash or an insurance policy but in the form of stock options.
There are quit a few that have taken stock in AIG.
Of course as AIG stock goes down so do their assets!


LONGTOM
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"THE TREE OF LIBERTY FROM TIME TO TIME MUST BE REFRESHED WITH THE BLOOD OF PATRIOTS AND TYRANTS".
THOMAS JEFFERSON

That my two young sons may never have to know the horrors of war. 

I will stand for your rights as my forefathers did before me!
My thanks to those who have, are and will stand for mine!
To those in the military, I salute you!

LONGTOM 9-25-07