CONTRIBUTION MADE BEFORE STATE HELPED BANK GET FEDERAL LOAN
ALBANY, N.Y (AP) New York campaign finance records show American International Group donated $100,000 to the state Democratic Committee just before Democratic Gov. David Paterson and his insurance superintendent launched marathon sessions to prop up the embattled insurer.
The contribution was made Aug. 29. Insurance Superintendent Eric Dinallo started negotiating with AIG and federal officials within about two weeks.
On Sept. 16, Paterson announced the "great news" that New York officials helped the giant insurer strike a historic loan deal with the Federal Reserve to keep AIG afloat.
There was no immediate comment from Paterson, Dinallo or AIG.
The state's effort is credited with giving AIG time to survive.
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10 comments:
Well now Pelosi will have to pass another law to tax all New York Democrats at the rate of 98%.
You mean to say that companies donate money to political parties in the hopes that it will influence policy? This is groundbreaking news!
Is that legal?
So that's how John Liu raised over 3 million dollars so quickly!
And we thought that most of it came through Tommy Huang's father in law's Great Eastern Bank.
Those Staviskys have been fattening themselves from this source for years also, no doubt!
And FAT certainly is the operative word for it!
Quick....somebody e-mail President Obama's office about the Queens Dem clubhouse connection!
C.C. the FBI while you're at it too!
"Trilby"...
when you've already got that money firmly in your hands it's legal!
That B.S. "Equal justice under the law"...inscribed in granite that appears on the facade of the Supreme Court building in D.C. is really translated into the following:
"The best justice that money can buy"!
The Stavisky clubhouse
will "walk" on this....I'm sure.
Don't worry old fella...
I'm told that the "beltway" also dutifully scopes "Queens Crap"!
They already got the message!
Don't ya just love the internet? !!!
Spitzer appointed Dinallo to run the insurance department and dinallo is a part of this and now spitzer is saying, "see, i told you so about AIG!" What a hypoctite!
No one in power is really serious about this economic crisis if they use it as an opportunity to benefit.
Sort of like fear and loathing being bumped up a notch after 9/11. People will take misery as an opportunity.
That is why they are in politics. You thinks its to serve?
hahahahahahahehehehehehohohohoho
Only $100,000? Wh@res come cheap today. Not a fraction of the taxpayers money they looted or the assets of innocent people worldwide they put at risk.
State Insurance Commissions were prevented from doing their jobs, the Commodity Exchange was prevented from regulating the new contracts.
God forbid we should choke off these wonderful new instruments, brought to you by AIG and Enron and with the same results.
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