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Protesters Tour AIG Office, Execs' Homes in Connecticut

2009_03_aigprot1.jpg
Photographs of protesters outside AIG's Wilton, CT office (above) and AIG executive Douglas Poling's home (below) by Douglas Healey/AP

Yesterday, the Connecticut Working Families Party organized bus tours of AIG's Wilton office as well as the homes of various AIG executives, just as Connecticut Attorney General said, based information he received, the bonuses given by the bailed-out firm were around $218 million, $53 million more than previously reported. Protesters yelled "Bail out Main Street, not Wall Street" outside the office," while holding signs like "Dude, Where's My Life Savings?"

2009_03_polhouse.jpg The bus tour of the lives of the "Rich and Infamous" stopped by AIG executive Douglas Poling's home, who reportedly received a $6.4 million bonus. AIG said Poling was planning on returning the bonus, which the activists said they appreciated.

Security guards allowed them to place a letter in Poling's mailbox, and community activist Asaad Jackson read it aloud, "Now that we have had a chance to see your community"—which the Times noted is in one of America's wealthiest counties— "we would like to invite you to visit ours... You can meet with some of the people who experienced the brunt of the economic downturn firsthand like Willie Alice Huguley, of Hartford, who at the age of 83 is worried about losing the only home she has known to foreclosure." Connecticut WFP director Jon Green told the NY Times, "It was never the intent to have any sort of mob action. It’s a tour. It’s a chance to see what these residences are like, and to point out that there’s families who are experiencing this recession in a different way."

But could the tide over the AIG hysteria be turning? Chris Matthew's Sunday morning program referenced David Brooks' Friday Times op-ed: "The Washington political class has spent the past week going into made-for-TV hysterics over $165 million in A.I.G. bonuses. We’re in the middle of a multitrillion-dollar crisis, and our political masters — always willing to throw themselves into any issue that is understandable on cable television — have decided to risk destroying the entire bank-rescue plan because of bonuses that account for 0.001 percent of the annual G.D.P."

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Comments [rss]

  • jpeditor

    One busload of (probably paid) commies protesting AIG makes headline, while THREE TO FOUR THOUSAND AMERICAN TAXPAYERS PROTESTING OBAMUNNISM are ignored....



    http://www.orlandosentinel.com/news/local/orl-locteaparty21032209mar22,0,426670.story



    http://pereiraville.com/scribble/?p=7104

  • Sinchy

    I for one think all this outrage is good and necessary. Americans have been too quiet and complacent for too many years as the flow of money has gone upwards. Ides- This isn't an election year so I'm sure the congress people will get an ear full when it's due, right now we must heap some moral opprobrium on those who see the American economy as a feeding trough.



    Listen to Catherine Austin Fitts, former under secretary of HUD under Bush 1 (she says the dept was run as a criminal enterprise) describe how Goldman, BOA, Countrywide etc. have used all the CDOs, and other fancy vehicles as a shell game to defraud and destroy communities while using AIG as the bag man for the bailout.

    They hide their dirty loans in big pools and then sell them to other banks in europe hidden by the fact that AIG insures them, but when they fail they know AIG will make them whole. It's a con and these execs knew exactly what the game is.



    http://aud1.kpfa.org/data/20090318-Wed1700.mp3



    about 5 mins in

  • NannyState

    Gotta admit, larceny sure has curb appeal.

  • AvenueHebrew

    That "Damn You AIG" guy looks pretty glum about his crappy-looking sign. Cheer up, buckeroo! Your heart was in the right place. Some people are just more creative with magic markers than others.

  • JacqueMehoff

    I luv it. a tour of these welfare cheats.

  • ides_of_march

    Wouldn't it make more sense to protest congress, the idiots who took their tax dollars and gave them to AIG with no strings attached?



    It's scary how the government has no problem whipping up a frenzy to distract the people from their own thievery. Of course, the sheep follow.

  • redhookreject

    Maybe they should make the AIG bonus babies move to Brewster, and have their kids go to public schools...





  • babyhitler

    they just found out that it's more like 212 million in bonuses instead of the original 165. UH OH! Spaghetti-Os!

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