Thursday, March 26, 2009

AIG should reconsider name change.

It is ironic that AIG should attempt a name change. Now that AIG is owned by US, is that the U of the "new" AIU Holdings Ltd.? Hopefully it is not Unlimited but so far it is Underthetable.
[I will leap to the point that the good name of the United States is at stake in this name change and the potential for changing minds about corporate welfare being at stake. Attempts to return TARP funds must include funds that came from any other bailout efforts and not in the expectation that things will return to the old way of doing business. I think that is implicit but it is yet to be resolved how or made explicit.]

What does the U stand for and why should AIG change its name now that taxpayers own 80% of it? Did we get a voice in that? And what about all that advertising* which went for naught?

* update [Speaking of Leviathans and who is too big?]
[Also a new look at the cost of advertising and the media should be taken in respect to free speech and freedom of the press as opposed to prepaid or bought and sold, views and news.]

No comments: