Tag: aig

Bailouts Were Illegal: AFLC Attorneys To Argue Before Federal Appellate Court That AIG Bailout Was Unconstitutional.

The U.S. Court of Appeals for the Sixth Circuit has announced that it will hear oral argument in Cincinnati, Ohio on April 20, 2012, in an appeal challenging the AIG bailout.  The case, which is captioned Murray v. United States Department of Treasury, et al., was brought by American Freedom Law Center (AFLC) attorneys David Yerushalmi and Robert Muise, representing the plaintiff,…

Fed Government Bailout And Takeover Of AIG Insurance Giant, Was An Unconstitutional Seizure Of Private Property: $25 Billion Lawsuit Ensues!

By Martha C. White (This story has been updated to include a response from the U.S. Treasury Department.) Former American International Group CEO Maurice “Hank” Greenberg thinks he got a raw deal, and he wants the government to pay up. Greenberg filed a lawsuit in the U.S. Court of Federal Claims asserting that the government bailout…

Foreign Federal Reserve Gave $Billions To Goldman Sachs Unknown To The American Public

  Why is it that nobody ever mentions in stories like this the fact that the US dollar is supposed to be the tool with which American’s, and all holders, PRESERVE their wealth? Most American’s still don’t realize that if they put $1000 in the bank, that the purchasing power is less when they withdraw it because…

Worst Bailout In U.S. History: General Electric Gets A $182.5 Billion In Obama Buddy Bailout. MSNBC Then Uses The Money In Nazi Propaganda And Smear Campaigns To Portray Anyone Asking For Transparency In Government As An Extremist!!!!!

Tell me again what a triple-A rating is good for? Not a whole lot, if one of the iconic triple-As in American industry, General Electric, has to go hat in hand to the federal government for a $182.5 billion bailout. Or maybe G.E. isn’t the bulletproof financial juggernaut the rating agencies say. The company’s vaunted…