Help cause the economy to collapse and then you think you are entitled to a bunch more money from the U.S. taxpayer: A company run by former American International Group Inc Chief Executive Maurice “Hank” Greenberg sued the U.S. government for $25 billion, calling the 2008 federal takeover of the insurer unconstitutional. The lawsuit marks […]
In 2008 Congress created the bipartisan commission on wartime spending. The commission, set to expire the end of next month, was setup to function as a Truman style commission. They have finally released their report and it shows how much waste there actually has been in Iraq and Afghanistan: As much as $60 billion in […]
The news yesterday that Timothy Geithner may have helped cover up AIG’s financial problems is sparking a House investigation: A House committee is planning to grill Treasury Secretary Timothy Geithner about his role in the massive bailout of failed insurer American International Group Inc. The House Oversight Committee is responding to news that key details […]