Tuesday, March 24, 2009

AIG Executives Surrender Of Bonuses Signals A Further Breakdown Of The U.S. Constitutional Rule Of Law

In yet another setback for the due process of law, several AIG executives have agreed to give back their bonuses without challenging New York State Attorney General Andrew Cuomo's *"strong suggestion" that they surrender these bonuses. Keep in mind that many of these executives had nothing to do with the decision to accept TARP money, and contractually were well within their right to keep these bonuses.

*A furtive attempt by Cuomo in which to blackmail these AIG employees into returning their bonuses or having their names made public and thus exposing them to possible danger by vigilantes.

Moreover, while there's no question that AIG misled many of its investors at the behest of the Federal Reserve System's former chairman, Alan Greenspan, what should be of concern here is that the standard way of handling such situations - namely a courtroom - has been completely circumvented by the spector of vigilante terrorism if these executives had failed to kowtow to the demands for them to give back monies that legally belonged to them.

The latest move by these AIG executives is a frightening one, because they gave the money back not because they believed that it was the right thing to do, but out of fear that they might have been subjected to violence if they did not. The Mafia has operated this way for over a century - it's called extortion. For that matter so have federal intelligence agencies like the FBI and CIA.

So what we have here is in essence a slightly less obvious shake down if you will, in which to separate these executives from their contractually earned bonuses, while denying them their right to challenge the Attorney General's "intimidation tactics" in a court of law. In this author's opinion, had the AIG executives gone to court, they would have won their case based on the fact that their contractual agreements with AIG were legally binding.

For all intents and purposes what we have witnessed with these AIG employees is becoming commonplace in post 9-11 America, where the United States Courts (most disturbedly the Supreme Court) continue to be emasculated by a shadow government whose treasonous acts will soon take the American people down one of two roads; tyranny or anarchy.

And let's not forget that it was the United States Congress and the privately held Federal Reserve System who've been largely responsible for the present financial debacle that companies like AIG are in; one which in this author's opinion was completely engineered by the Federal Reserve, just as they did with the stock market crash of 1929 - a scheme in which to frighten U.S. banks into tightening credit, that resulted in a large portion of the U.S. population losing their homes and businesses.

In 2009 Americans are now heading down that same road all over again.

Top AIG executives agree to give back bonuses - after calls from A.G. Andrew Cuomo's office

BY Helen Kennedy

Tuesday, March 24th 2009, 12:33 AM

Nine of the top 10 bonus recipients at AIG agreed to give the money back Monday after getting pointed calls from state Attorney General Andrew Cuomo's office.

Cuomo insisted he didn't force the executives, who have become targets of great public wrath, to choose between returning the dough or having their names made public.

"I don't threaten," he said. "I don't use strong language."

Still, he made it clear he would protect the identity of any exec who gave back his bonus.

"If a person returns the money, I don't believe there's a public interest in releasing their name," Cuomo said.

See the full article here:

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