BANZAI7 NEWS WATCH--AIG CAN BUILD A FINANCIAL ATOMIC BOMB
MARCH 1, 2009
WASHINGTON — The United States now believes that American International Group has amassed enough weapons grade credit default derivatives material that with further putrification could be used to build a financial atomic bomb (FAB), a spokesman for the Pentagon/Treasury Department FWMD joint task force declared Sunday.
The statement went further than previous, official judgments of the AIG FAB threat, and it essentially confirmed a new report by the United Nations FWMD watchdog agency, which found that AIG had enough derivative materials to build a global financial doomsday device. “We think they do, quite frankly,” the representative said on “State of the Union” on CNBC. “And AIG having a financial nuclear weapon, I’ve believed for a long time, is a very, very bad outcome for the US economy and for the world.”