Watching the MOTUs as their financial services universe shakes and shudders around them reminds me of the five stages of death and dying. There’s lots of denial and anger coming out of the MOTUs, and hints of bargaining, but little sign of depression and acceptance. But it’ll come . . .
The Five Stages of Grief, MOTU Edition |
| By: Peterr Saturday October 16, 2010 9:00 am |
This Disaster is Brought to You By . . . |
| By: Peterr Saturday May 15, 2010 9:00 am |
With all the concern about the oil disaster in the Gulf of Mexico, I thought it would be helpful to put the corporate citizenship of BP, Transocean, and Halliburton into perspective. This isn’t the first disaster with corporate sponsorship, after all.
Goldman Fraud Suit Link to AIG Payouts? |
| By: Scarecrow Saturday April 17, 2010 4:00 pm |
Remember the outrage following the decision to cover 100 percent of the credit default swaps claims against AIG? Well, now it appears that payout may have been partly for the same types of Goldman Sachs securities over which Goldman is now being sued by the Securities and Exchange Commission.
Late Night: When You’re A Piranha, You’re a Piranha All the Way. |
| By: watertiger Monday March 8, 2010 8:00 pm |
Does Obama have what it takes to reinstate banking regulations?
Geithner’s New York Fed Ordered AIG to Violate Securities Law in 2008 |
| By: Cynthia Kouril Thursday January 7, 2010 3:59 pm |
This is unbelievable. They conspired to lie to the taxpayers, to Congress and to investors. Do they really expect that nothing will come of it?
Late Night: “I’m Dreaming of a Whine Christmas…” |
| By: watertiger Monday December 7, 2009 8:00 pm |
AIG executives need to re-read “A Christmas Carol” — and pay special attention to the end.
In Goldman, Sachs We Trust |
| By: masaccio Sunday November 8, 2009 10:30 am |
When history repeats for Goldman Sachs, it means profit for them and bad things for the rest of us.
Hank Greenberg, Starr International, and the Mystery of the AIG Stock Sale |
| By: Cynthia Kouril Monday May 25, 2009 6:35 pm |
Reuters is reporting that Hank Greenberg has entered into agreements to sell all of his shares in AIG to another entity he controls, Starr International Company.
Nobody moves that many shares or that much money just for the heck of it. There is a mystery unfolding here.
Ed Liddy Keeps AIG Profits High by Denying Medical Claims for Iraq, Afghanistan Injuries |
| By: Jane Hamsher Friday April 17, 2009 12:30 pm |
Ed Liddy’s having a rough week of it. First Ed Towns wants to know if AIG used TARP money to pay public relations firms to attack critics of the AIG bailout; then we learned that “dollar a year” Ed has a $3 million stake in Goldman Sachs.
Poll: More People Blame Geithner for AIG Bonuses Than Bush |
| By: Jane Hamsher Friday April 10, 2009 7:00 am |
Interesting finding in the new Democracy Corps polling:
[N]early three-in-ten voters (29 percent) say that the AIG story raises no doubts at all in their mind about President Obama.
The same cannot be said for Geithner, as nearly half of voters (49 percent) report that the AIG scandal raises significant doubts, including nearly a quarter (24 percent) who say it raises extreme doubts about the Treasury Secretary.


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