A Top AIG Exec Raps About Being Bailed Out

Today the US Treasury is expected to sell the last of its stock in the American International Group (AIG), marking the end of the $182 billion bailout that rescued the company. But the AIG brass did not always seem appreciative of the government assistance. Just look at Robert Gifford, president and CEO of AIG Global Real Estate, which oversees $8.4 billion of real estate in various countries. At a 2010 holiday party for AIG employees held at a restaurant in New York City, Gifford rapped, to the tune of Jay-Z's "Empire State of Mind," about working at AIG and having to deal with the government. Mother Jones obtained a copy of the video.  (more)