Liddy: AIG Name ‘So Thoroughly Disgraced’ It’ll Have to Change

Rename is not going to help as long as they do not change all things that got them here. In United States Of Ponzi “name ” matters less than they think. With underbelly exposed ALL “profitus Maximus Uber Alles” fundamentals will need to change . Learn to live with less proft. Do not encorage gambeling . Yes slow GDP growth with fiscal security Is better than cycles of boom and bust.

Yep, one of the first things you do when you go Bankrupt…Now how many hundreds of millions will the name change cost the taxpayers!

In case you don’t know it their liaiblity insurance division (or at least one of them) is now known as Twenty-First Century Insurance.

And who’s going to buy the new stationary and signs ? the american tax payer, who now supports the world thank’s to AIG.
Ex Republican

scumbags actually think a little PR spin will help us forget.

we owe 80% of aig and all the media and congress can do is criticize and bring down our investment. where was the media and congress. jake talks a good game but where was he the past 8 years? he went to school on the main line pa so he does not know what an average american feels. jake you are a loser!

Is this another “lipstick on a pig fiascos”.
we’ve been there, and done that!

Congress must decide whether it wants AIG to live, prosper, and ultimately repay the billions of dollars that we taxpayers have injected into it,
OR
whether it wants AIG to file bankruptcy, and/or otherwise cease to exist, and right-off our 80% equity stake.
Watching member of Congress try to out-perform each other in showing their disgust has all but assured that the latter will happen.
I think the public is more upset with Congress than they are with a couple of soon-to-be unemployed AIG managers. For the past 2 days, Congress has been indistinguishable from circus clowns starting and then trying to put out a fire. Liddy, making a buck a year, deserved better than being beaten to death by these bozos.
Have any members of Congress announced that they would refund their AIG campaign contributions? Are any of these Honorable Men going to give up their bonuses?? Please make your check payable directly to the United States Treasury. I wonder just how much in total campaign contributions Congress has received over the past 2 years from all companies receiving TARP or other bailout funds. All such contributions should be returned OVER SUFFER A TAX PENALTY OF 100%%%.

How about “The Notorious A.I.G.”???

Morons by any other name are still the same.

Need a new name: how about new leadership? By the way, has LIddy been charged with extortion among other thngs yet? Or are they going to do the usual, have him resign with a 10 million dollar bonus??? What a bunch of crap they’re handing out to us America!!! They know how gullible we are!!!

The whole stock market was a Ponzi right from the time that 401k’s were sold, to the regular working class, as their retirement plan. With all of the hoopla about how the taxpayers own the company, so now, we should finally be able to regulate the outrageous salaries and party like spending. Who owned it before? The taxpayers who had their 401k’s invested. I have been saying for years that there should be regulation on the salaries that get paid, to executives of publicly traded companies. I actually had a number of people tell me it didn’t come out of profits. Is there a good fairy I don’t know about?

AIG needs to bring back the 21st Century Insurance name. 21st Century was rebranded AIG Direct just recently, just in time to get the blowback from the AIG scandal.
As angry as I am over the bonus scandal, the US needs AIG to succeed as a company and pay the government back. That’s not gonna happen if tons of their paying auto insurance customers are canceling because they’re ticked at AIG. I have friends who’ve worked at 21st Century for 20 years. It’s a major company employer in my community. Sure the AIG financial twits should be jailed, but many employees has nothing to do with this.

Does anyone remember that the Insurance Divisions had nothing to do with this mess? In order for them to survive so that taxpayer can be repaid something it makes sense to re-brand. It makes no sense also for the Gov’t and public to destroy their investment (AIG). Yes people we own this company. So what do you think is going to happen when policyholders start cancelling their policies in the Insurance Divisions (might I add again they had nothing to do with the mess).
The fact is the Fed/treasury knew these bonuses were out there from 2008 and they approved the payment. Why aren’t we outraged at them? Why continue to rake our investment over the head and watch it shrink in value…pretty soon it will be like our 401K plans. Yes we should complain, but be fair..call for investigations into all the companies responsible, from Goldman, BOA, Merrill, FED, Treasury,etc and yes don’t forget our representatives who are now pretending like they are innocent. Even the AG is now trying to capitalize on this controversy to further political agenda. The American people has been let down but it is not just by AIG.

If they change their name will we, the taxpayers, have to pay for new signs?

A good quote to remember: “The tiny, London-based corner of AIG that created the half-trillion-dollar mess the government is now cleaning up was largely overlooked by regulators on both sides of the Atlantic.” Sort of takes the wind of of the blame-game sails.