Former AIG Folk Threaten Lawsuit Over Delayed Bonuses

Former AIG Folk Threaten Lawsuit Over Delayed Bonuses

In a move designed to make sure their neighbors throw extra eggs at their houses, a handful of former AIG employees are threatening to sue because they haven’t received bonuses as quickly as they had expected. [More]

Here Comes The Consumer Financial Protection Agency!

Here Comes The Consumer Financial Protection Agency!

Shhh, everyone, gather near and listen to Treasury Secretary Timothy Geithner deliver the most beautiful, wonderful mandate we could give to a new federal agency: “The agency will have only one mission—to protect consumers.” And with that, the Treasury Department sent to Congress legislation that will create the brand new Consumer Financial Protection Agency.

NY Attorney General To AIG: You Have Until 4:00 PM To Give Us The Names

NY Attorney General To AIG: You Have Until 4:00 PM To Give Us The Names

Andrew Cuomo has written a letter to AIG in which he explains that they will turn over the names of those employees from the Financial Products subsidiary (that’s the division that brought down the company) who are receiving bonuses by 4:00 pm today or they are coming at them with subpoenas. Yes, ladies and gentlemen, it’s another awesome Andrew Cuomo letter after the jump.