thanking the american public in a new ad. we spoke with the writer who did the first story. they have this huge ad campaign where they are thinking and debating whether to bite the hand that feeds them. they are taking elizabeth warren s advice. exactly. let s be fair for a moment. this was not a suit that they initiated, but that herb greenberg who was much in the news because he was part of an investigation. he instituted it. at the point you said to be fair to aig, do you understand your twitter is about to blow up? they didn t have to join. the board is deciding they could have come out and said we are not going to do this. i m saying to be fair they had a choice in the matter. on a factual basis, they should have in my view and are going everybody else s view, this is an are you serious moment. the board could have received this petition and said no way.
the fact that it s taken two days to mull whether or not this is a wise policy. they say they may not give the answer as to whether they will sue in a month. while these ads saying thank you to america are airing, thank you for your money we paid you back with interest. back to what they are claiming here is unfair treatment. this is like a fireman saving someone and doing mouth to mouth resuscitation. they sue the lifeguard. that s a hilarious column and the absurdity. . 80 cents for every dollar they had. they were diluting the value and if there was no bailout, there would have been no aig stock. the company would have gone
wire, congresswoman maxine waters is ripping them apart as a lot of people are. did anyone force aig to take the bailout? no, that s one of the main arguments that the government made. no one forced aig s board back during the the financial crisis to take this bailout. they chose to take it, they chose to give the government an 80% stake. they chose to pay this loan with a high interest rate. no one really forced them to take it and that s sort of what the government says, it was entirely their choice. now, the government s out of their 80% stake, is that right? and what was the interest rate? the interest rate was pretty high. i don t feel the exact percentage, but the government itself has said that it was punitive and it was meant to be a punishment, it was meant to punish aig for getting in that situation where it had to be bailed out by taxpayers in the first place. did anyone feel like after all the american taxpayers, thank you, pr campaign and now we re sort of kicked i
musburger. do you see that lovely young lady, she s also miss alabama and that s aj mccarron s girlfriend and right there on the right is dd bonner, i am that s his mother. and you quarterbacks, you get the good looking women, what a beautiful woman. wow, whoa! aj if you re a youngster in alabama start getting the football out and throw he it around the back yard with pop. tonight espn is apologizing for some of must burger s commentary, saying he did go too far. as for webb, she s picked up more than 142,000 new twitter followers and now to a giant slap in the face to taxpayers. this was insurance giant aig then. thank you, america for the freedom to insure a brighter future. when we make guarantees for people s lifetimes we have to act as a company who makes sure we are here for their lifetimes. we made a commitment to repay and we did and gave america a profit. pretty proud of that. helping people recover.
lead analysts at morgan stanley, the main underwriter for the facebook ipo, received privileged information about the company, information that they didn t share with retail investors. finra, the financial industry regulation authority, regulatory authority, the u.s. senate banking committee, and the commonwealth of massachusetts have all announced probes into the matter, and that was quickly followed by a lawsuit filed by some investors against facebook and its ceo, mark zuckerberg, alleging that both withheld material information from investors during the ipo process. now, specifically, they re talking about forecasts that revenue would be lower in 2012. facebook tells cnn, by the way, that the lawsuit is without merit. ron gefner is a former s.e.c. investment attorney. henry blodgett is the ceo of business insider, a website. back in 2003, henry handled a civil charge with the s.e.c., banned from the securities industry. he s a good friend of our show. and i say this becau