Friday, May 22, 2009

AIG's CEO Steps Down

I'm not sure how much abuse one person can take but it appears AIG's CEO has had enough. Liddy came in after AIG's criminal fiasco in an attempt to help clean the company up but was under endless scrutiny and haranguing by politicians. The reality is it is the politicians are to blame not Liddy. The Federal Reserve used AIG as a conduit to basically steal money from the American people and give it to corrupt financial firms. And the Congress allowed it.
posted by TimingLogic at 8:44 AM