WHO KILLED AIG?

WHO KILLED AIG?
(Who Killed Davey Moore, Bob Dylan)
WilliamBanzai7 Blog

Sing along: http://www.youtube.com/watch?v=62daicHQ9as

Who killed A-I-G,
Why an' what's the reason for?

"Not we," say Greenburg, Sullivan and Willumstead
"Don't point your finger at we three CEO braindead.
We could've stopped it in the early days
An' maybe kept it from this fate,
But the markets would've booed, we're sure,
At not gettin' its money's worth.
It's too bad we three had to to go,
But there was a pressure on we too, you know.
It wasn't we three that made AIG fall.
No, you can't blame we three for incompetence, lyin or financial thievery at all."

Who killed AIG,
Why an' what's the reason for?

"Not we," cry AIG's derivative traders,
Whose screams filled the trading floors loud.
"It's too bad AIG died alright
But we just like to write dumbass hedges all night.
We didn't mean AIG t' meet its death,
We just meant to plunder it with bonuses n obscene bets,
There ain't nothing wrong in that.
It wasn't us that made AIG fall.
No, you can't blame us at all."

Who killed AIG,
Why an' what's the reason for?

"Not we," say the politicians and regulators,
Puffing on big Goldman private label cigars.
"It's hard to say, it's hard to smell,
We always thought that AIG was well.
It's too bad for the taxpayers and shareholders AIG's walking dead,
But if it was sick, someone else should've said.
It wasn't we that made AIG fall.
No, you can't blame we at all."

Who killed AIG,
Why an' what's the reason for?

"Not we," say the gambling institutional AIG fans,
With their unmailed proxy ballots still in their hands.
"It wasn't we that knocked AIG down,
Wh never dreamt AIG's Board was dumber than dumb.
We didn't commit no ugly sin,
Anyway, we put money on AIG to win.
It wasn't we that made AIG fall.
No, you can't blame we at all."

Who killed AIG,
Why an' what's the reason for?

"Not we," says the rating agencies,
Spewing useless drivel using their useless models,
Sayin', "the Ratings ain't to blame,
There's just as much danger in
the subprime dating game."
Sayin', "Financial innovation is here to stay,
It's just the old American way.
It wasn't we that made AIG fall.
No, you can't blame we at all."

Who killed AIG,
Why an' what's the reason for?

"Not we," says Goldman Sachs whose subprime trades
Laid AIG low in a cloud of counterparty risk haze,
Whose CEO led them through AIG's mega billion bailout back door
Even though they say they were hedged from the ground to the top floor.
"We hit em, we hit em, yes, it's true,
But that's what we Wall Street bankers n traders are paid to do.
Don't say 'murder,' don't say 'kill.'
It was destiny, it was the market God's will."

Who killed AIG,
Why an' what's the reason for?