2009 0522 - Court House News - Financial Planner Says AIG Is Lying - [link]
Linda Harris, who runs the Independent Financial Planning Group, says she has recommended AIG products to many clients, and "is legitimately concerned" about AIG's financial stability "and its ultimate ability to pay any future claims on the underlying policies she has sold to her clients."
She demands an injunction that will prevent AIG from "purchasing or selling financial derivatives that would expose AIG's California policy holders to risk of loss," among other things.
She is represented in Superior Court by Michael Aguirre with Aguirre, Morris & Severson of San Diego.
2009 0613 - Sandiego Reader - Why Haven't State Regulators Gone After AIG?, Don Bauder - [link]
"Not an insurance commissioner has taken action against AIG," says Aguirre.
"They are doing the opposite -- reassuring policyholders that everything is OK."
The New York insurance commissioner tells people that it is against the law for anyone to tell a policyholder to switch from AIG because is in trouble and may not be able to pay claims.
Is it also possible that the government knows that AIG is hopelessly broke and policyholders are at risk, and it doesn't want this knowledge to get out?
That is my own question.
2010 0609 - McClatchy - AIG's problems far greater than Bush officials told public, Greg Gordon - [link]
2009-05-022 Michael Aguirre Aguiree, Morris& Steverson LLP 5/7/2009 Records concerning AIG and Maiden Lane ll / Backed securitiesClosed
2009-05-023 Michael Aguirre Aguirre, Morris & Steverson LLP 5/8/2009 Records concenring The Asset Purchase Agreement for Maiden Lane II Closed
2009-05-024 Michael Aguirre Aguirre, Morris & Severson LLP 5/8/2009 Records concerning Maiden Lane financial report on the New York Fed site Closed
2009-05-026 Michael Aguirre Aguirre, Morris & Steverson LLP 5/11/2009 Records concerning The Shortfall Agreement between Maiden Lane and AIG Financial Products Corp. Closed
⇒ 2009-06-122 Michael Aguirre 6/19/2009 request for records pertaining to Communications between Treasury and State Insurance Commissioners regarding American international Group Closed
2009-07-002 Michael Aguirre 6/23/2009 request for records pertaining to Financial Pending Regulatory Reform Pending