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  SUBSCRIBE TO THIS NEWSLETTER AIG Was Brought Down by Derivatives in 2008. It Just Spun Off a Company Whose Prospectus Mentions Derivatives 371 Times By  Pam Martens and Russ Martens : September 16, 2022 ~ Yesterday, mainstream media was touting that the largest Initial Public Offering (IPO) of the year, Corebridge Financial, had just finished its first day of trading. The IPO was priced at $21 and closed at $20.73 (ticker: CRBG), not an illustrious start. Corebridge Financial is the life insurance and annuity business of the giant insurer, AIG. In 2008, AIG required a $180  billion  bailout from the U.S. government because of its derivatives and stock loan deals with the big trading houses on Wall Street – many of the same ones that are now underwriting this IPO. If that’s not enough to make you suspicious, consider the fact that the word “derivatives” is mentioned 371 times in the prospectus for Corebridge Financial. (More on that in a moment, but first some backg...

  SUBSCRIBE TO THIS NEWSLETTER President Biden, a New Book and a Poll Say American Democracy Is Under Grave Threat January 6, 2021 Capitol Attack (Source: Lawyers’ Committee for Civil Rights Under Law) By  Pam Martens : September 7, 2022 On Thursday evening, September 1, President Joe Biden addressed the nation from Philadelphia, the  second location of the U.S. Capitol in its early years . During his remarks, Biden  spoke these words : “Too much of what’s happening in our country today is not normal. Donald Trump and the MAGA Republicans represent an extremism that threatens the very foundations of our republic. “Now, I want to be very clear — very clear up front: Not every Republican, not even the majority of Republicans, are MAGA Republicans. Not every Republican embraces their extreme ideology. I know because I’ve been able to work with these mainstream Republicans. “But there is no question that the Republican Party today is dominated, driven, and intimidat...