Whatever it is, I'm against it!

This should be the Republican's new party anthem

I don't know what they have to say

It makes no difference anyway;

Whatever it is, I'm against it!

From Wikipedia

During the climactic football game, at one point Groucho utters the exclamation, "Jumping anaconda!" This seemingly nonsensical phrase probably is a reference to the notorious stock market performance of Anaconda Copper immediately preceding the Great Depression. Groucho had delivered other jokes related to the stock market in the Brothers' preceding films (for example, "The stockholder of yesteryear is the stowaway of today" in Monkey Business) and all the Marx Brothers had experienced severe losses in the 1929 crash.

I guess we should say "Jumping AIG

and again "The stockholder of yesteryear is the stowaway of today"

25 people to blame for the financial crisis

We have these wonderful people to thank for the implosion of the global economy. Thanks guys!

Rep. Barney Frank "We Own AIG - There Should Be No Bonuses"

Barney Frank On the Rachel Maddow show Via YouTube

Obama to AIG: GIVE IT BACK!

http://video.nytimes.com/video/2009/03/16/business/1194838676626/obama-on-a-i-g-bonuses.html

At a time their when their virtually hemorrhaging cash, AIG still employs the excuse that because of contractual purposes they are obligated to pay bonuses to their people, some of whom helped create the financial crisis and requiring the "too big to fail" company to line up for taxpayer cash.


So finally the president and his administration say enough is enough and as reported in The New York Times
Obama is ordering The Treasury Department to “pursue every single legal avenue to block these bonuses”.

The people who worked for the notorious Financial Products Group, at the heart of the derivatives debacle, deserve neither retention nor performance bonus if last year is any indication of their abilities. Andrew M Cuomo, the New York attorney general, said he'd subpoena AIG for names, job descriptions and performance reviews of those set to receive those bonuses. It looks like a big game of chicken but I hope the government doesn't blink. When Treasury rescued them, AIG became beholden to new set rules and conditions. In a time that others have to make major adjustments(homes,jobs,lifestyle), it only seems fair AIG make some too

Thanks AIG

Whether it's rewarding it's undeserving executives with unmerited bonuses(pleading legal and contractual obligations), refusing to indicate how they spent bailout money and helping to create the financial disaster through risky lending, selling derivatives and insuring some bad investments in the first place, AIG is the one stop shop of financial horrors.

AIG must stand for

Avarice
Indulgence
Greed

Once Again, Thanks AIG(for nothing)!

The Daily Show With Jon StewartM - Th 11p / 10c

CNBC Gives Financial Advice

Daily Show Full Episodes
Important Things w/ Demetri Martin

Political Humor
Jim Cramer

2009, Year of the Ponzi Scheme

It's official. Where it's Maddoff or Stanford or Cosmo or Theodule, The Pyramid Scheme is alive and well, ripping off individuals, banks, families, even whole nations. While many have lost a great deal of money to deceptive speculative practices, nothing speaks true fraud like the Ponzi scheme. There's every indication that sly old Bernie stopped investing peoples money years ago(13 years ago from all accounts) and that current rookie of the year Allen Stanford used his loot to buy a title, newscasters and a Stadium! Deadcorp once again acknowledges that all time money making scam, making billionaires out of crooks and helping to damage financial institutions beyond repair.


http://www.thedailybeast.com/cheat-sheet/item/mini-madoffs-pile-up/trends/