Financial Services Industry

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AIG, Bank of America Remind Us of the Brilliance of Capitalism

http://www.youtube.com/watch?v=A9xuyB5mWdA

If you spent anytime watching the NFL playoffs on the old TV box over the weekend, it’s likely that you came across AIG’s not-terribly-subtle and entirely self-congratulatory commercials touting both their work in recent disasters and  gratitude towards the American public and the federal government that bailed the firm out during the 2008 crash. This being America, home of freedom, capitalism and blind plutocratic entitlement, that’s not all AIG was up to the last few days. Continue reading