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Well, we can't comment on this, but AIG is spending big bucks -- that they wouldn't have without the bailout -- to pimp themselves on You Tube. Can I kindly request your support to vote this video down, down, and down? Matt Taibbi would approve.

Thank you.

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Comment Preferences

  •  I've seen that ad 6 times or more (3+ / 0-)
    Recommended by:
    james321, ladybug53, BlackSheep1

    on the TV machine during pro and college football games during the past week.

    "Go well through life"-Me (As far as I know)

    by MTmofo on Sat Jan 05, 2013 at 04:25:28 PM PST

  •  AIG wasn't a bad investment in the long (4+ / 0-)

    Run, and they're saying "thank you." The "profit" argument isn't totally true, given the big tax breaks AIG was given. But given its role in the global economy, we simply could not have let it crash either.

    On the other hand, too big to fail banks are still screwing taxpayers, depositors, borrowers and homeowners right and left.

    On a daily basis, bailed-out banks say "Screw you, Americans!"

    I don't have such a problem with AIG's gratitude. I realize the commercial is a PR move. But a few people at AIG realize that appreciation and graciousness are still American values.  I'm good with that.

    © grover


    So if you get hit by a bus tonight, would you be satisfied with how you spent today, your last day on earth? Live like tomorrow is never guaranteed, because it's not. -- Me.

    by grover on Sat Jan 05, 2013 at 04:46:42 PM PST

    •  grover - me too (5+ / 0-)

      I have seen the ad on TV and at least someone is saying thank you. They paid back all the loans, plus an additional equity kicker. I wish we had done as well on all the TARP loans. Why should I be bummed that AIG is saying thank you for PR purposes?

      "let's talk about that"

      by VClib on Sat Jan 05, 2013 at 05:15:59 PM PST

      [ Parent ]

      •  I agree. (3+ / 0-)
        Recommended by:
        VClib, nextstep, historys mysteries

        AIG is promoting itself, I know, but by saying thank-you they are acknowledging the help they received.  I think its good to remind the voters that the government recouped its investment and even made a profit.

        Here's my take on it - the revolution will not be blogged, it has to be slogged. - Deoliver47

        by OIL GUY on Sat Jan 05, 2013 at 05:38:50 PM PST

        [ Parent ]

        •  The "profit" doesn't really hold up once (0+ / 0-)

          You look at all the specific tax consideration AIG got. Maybe there was a teeny profit. We're in "break even" territory as far as I can see.

          But livelihoods of lots of regular folks (across the globe) weren't lost, and we lost no money despite the house of ripped and shredded cards that AIG sat atop.

          I think most people have no idea who and what AIG is.  This deal worked out well, even with no "profit."

          © grover


          So if you get hit by a bus tonight, would you be satisfied with how you spent today, your last day on earth? Live like tomorrow is never guaranteed, because it's not. -- Me.

          by grover on Sat Jan 05, 2013 at 06:12:56 PM PST

          [ Parent ]

  •  Bob Benmosche is great at spin (0+ / 0-)

    Smoke and Mirrors are his expertise..... perfect head for AIG.  You didn't have to actually improve anything there - just make people THINK things were better......

    A perfect example of Wall Street's Nomenklatura - no matter how bad your actual track record, you can move upward and onward.....

    from abject failure as EVP at PW charged with developing a new broker system to CEO making Met LIfe execs wealthy while otherwise... well... talk to anyone else working there..... to heading AIG.....

    Life isn't fair but you should try to leave it fairer than you found it.

    by xrepub on Sat Jan 05, 2013 at 06:21:26 PM PST

  •  Better than the bankers laughing at everyone (0+ / 0-)

    Even if we are dubious about their motives and sincerity about these ads, it's sure better than the infuriating collective smirk that the Lloyd Blankfeins of the world are making as they pretend nothing happened.

  •  aig... (1+ / 0-)
    Recommended by:
    nuclear winter solstice

    ain't it grand. fuck them and their insincere bullshit. millions lost their jobs because of this and other scum sucking corporations destroying the us economy. the fact that those people have a job is a slap in the face of me and every other person who's iives have been torn apart.
    tung sol

    and i guess ya'll think the bp ads are heartfelt too.

    There is a fine line between genius and insanity. I have erased this line.--Oscar Levant

    by tung sol on Sun Jan 06, 2013 at 06:20:23 AM PST

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