{"id":2635,"date":"2014-11-30T20:17:26","date_gmt":"2014-11-30T20:17:26","guid":{"rendered":"http:\/\/fenello.com\/blog\/?p=2635"},"modified":"2014-11-30T20:17:26","modified_gmt":"2014-11-30T20:17:26","slug":"aig-lawsuit-reveals-global-economy-on-the-brink","status":"publish","type":"post","link":"http:\/\/fenello.com\/oldnews\/tranzitioning\/?p=2635","title":{"rendered":"AIG lawsuit reveals global economy on the brink"},"content":{"rendered":"<div class=\"mceItemEmbedly\" style=\"max-width:600px;\" data-ajax=\"{'url':'http:\/\/www.wsws.org\/en\/articles\/2014\/11\/10\/aigs-n10.html','width':null,'words':null,'height':null,'embed':'&lt;div class=\\&quot;embedly\\&quot; style=\\&quot;\\&quot;&gt;&lt;img src=\\&quot;http:\/\/www.wsws.org\/img\/open-graph-icon.png\\&quot; class=\\&quot;thumb embedly-thumbnail-small\\&quot; \/&gt;&lt;a class=\\'embedly-title\\' target=\\'_blank\\' href=\\'http:\/\/www.wsws.org\/en\/articles\/2014\/11\/10\/aigs-n10.html\\'&gt;World Socialist Web Site&lt;\/a&gt;By Gabriel Black 10 November 2014 The failure of the insurance giant American International Group (AIG) at the height of the financial crisis in September 2008 \\&quot;would have been catastrophic for the broader economy\\&quot; and led to \\&quot;mass panic on a global scale,\\&quot; according to recent court testimony by Timothy Geithner, President Obama\\'s first-term Treasury Secretary and former President of the New York Federal Reserve Bank.&lt;div class=\\&quot;embedly-clear\\&quot;&gt;&lt;\/div&gt;&lt;span class=\\&quot;embedly-powered\\&quot; style=\\&quot;float:right;display:block\\&quot;&gt;&lt;a target=\\&quot;_blank\\&quot; href=\\&quot;http:\/\/embed.ly\/code?url=http%3A%2F%2Fwww.wsws.org%2Fen%2Farticles%2F2014%2F11%2F10%2Faigs-n10.html\\&quot; title=\\&quot;Powered by Embedly\\&quot;&gt;&lt;img src=\\&quot;http:\/\/static.embed.ly\/images\/logos\/embedly-powered-small-light.png\\&quot; alt=\\&quot;Embedly Powered\\&quot; \/&gt;&lt;\/a&gt;&lt;\/span&gt;&lt;div class=\\&quot;media-attribution\\&quot;&gt;&lt;span&gt;via &lt;\/span&gt;&lt;a href=\\&quot;http:\/\/www.wsws.org\\&quot; class=\\&quot;media-attribution-link\\&quot; target=\\&quot;_blank\\&quot;&gt;Wsws&lt;\/a&gt;&lt;\/span&gt;&lt;\/div&gt;&lt;div class=\\&quot;embedly-clear\\&quot;&gt;&lt;\/div&gt;&lt;\/div&gt;'}\">\n<div class=\"embedly\" style=\"\"><img decoding=\"async\" src=\"http:\/\/www.wsws.org\/img\/open-graph-icon.png\" class=\"thumb embedly-thumbnail-small\" \/><a class='embedly-title' target='_blank' href='http:\/\/www.wsws.org\/en\/articles\/2014\/11\/10\/aigs-n10.html'>World Socialist Web Site<\/a>By Gabriel Black 10 November 2014 The failure of the insurance giant American International Group (AIG) at the height of the financial crisis in September 2008 &#8220;would have been catastrophic for the broader economy&#8221; and led to &#8220;mass panic on a global scale,&#8221; according to recent court testimony by Timothy Geithner, President Obama&#8217;s first-term Treasury Secretary and former President of the New York Federal Reserve Bank.<\/p>\n<div class=\"embedly-clear\"><\/div>\n<p><span class=\"embedly-powered\" style=\"float:right;display:block\"><a target=\"_blank\" href=\"http:\/\/embed.ly\/code?url=http%3A%2F%2Fwww.wsws.org%2Fen%2Farticles%2F2014%2F11%2F10%2Faigs-n10.html\" title=\"Powered by Embedly\"><img decoding=\"async\" src=\"http:\/\/static.embed.ly\/images\/logos\/embedly-powered-small-light.png\" alt=\"Embedly Powered\" \/><\/a><\/span><\/p>\n<div class=\"media-attribution\"><span>via <\/span><a href=\"http:\/\/www.wsws.org\" class=\"media-attribution-link\" target=\"_blank\">Wsws<\/a><\/span><\/div>\n<div class=\"embedly-clear\"><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>World Socialist Web SiteBy Gabriel Black 10 November 2014 The failure of the insurance giant American International Group (AIG) at the height of the financial crisis in September 2008 &#8220;would have been catastrophic for the broader economy&#8221; and led to &hellip; <a href=\"http:\/\/fenello.com\/oldnews\/tranzitioning\/?p=2635\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-2635","post","type-post","status-publish","format-standard","hentry","category-tranzitioning"],"_links":{"self":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts\/2635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/comments?post=2635"}],"version-history":[{"count":1,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts\/2635\/revisions"}],"predecessor-version":[{"id":2636,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts\/2635\/revisions\/2636"}],"wp:attachment":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/media?parent=2635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/categories?post=2635"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/tags?post=2635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}