Morning Joe | January 09, 2013
>> you know what is going to go on for nine minutes, though? seriously, seriously, aig .
>> aig .
>> you know, the bailout from the very beginning. i was against it. and i know it's made a lot of money, but i was against three pages. you know, as much money as they threw around. you know. jokers like aig now are talking about sue iing the government for us bailing them out of their reckless stupidity?
>> yeah. yeah. you know, a guy comes by with a lifeboat, you get in the life lifeboat, it gets you back to shore, they send you a pail, you pay it and then later you say it's too much.
>> and the controversy it caused at the time has gone away. don't remind us.
>> first of all, the government is just getting out of aig , so this is the moment for them to rise up. second of all, you have hank greenberg , former chairman, who's mightily angry at what happened to him. he lost his job, 92% of the stock was taken by the government, and he's a fighting guy. so he went in and said let's sue the you know whats and get back some of ours. the basic point they make, which i have zero sympathy for is that they got a worse deal than the other banks got.
>> oh, give me a break. we bailed them out.
>> the thing, though, that needs to be pointed out -- and you do -- is that hank greenberg is driving the bus. they just have to decide whether they're going to attach themselves to this suit. they supposedly have the fiduciary responsibility of their shareholders to consider it. but in the end, i don't know what you think, but i think it's going to be hard to go against the government on this one. i think it's going to be a lot of rancor.
>> they've got a fiduciary duty to their shareholders, and i can't think of anyone that's going to make people angrier and hurt the company more than something like this. this is horrific publicity that they're going to be paying for sometime. you have a bank like bank of america or jpmorgan chase decide that they're going to raise atm fees by .00001% of their fee, and everybody freaks out, and it's a serious crisis. for aig , man. it gives another black eye .
>> if the government had not gone in, they would have been dust. everybody would have lost their jobs. the government put a massive amount of money into that company. i agree with brian. i don't think they're going to go back at it because the reaction in washington yesterday and even in new york, to the whole idea of this, was so over the top that it's hard to imagine they're now going to come back and actually do something.
>> if only there were a senator elected to washington --
>> who cared about the consumer.
>> -- that steve rattner supported.
>> i think i know where we're going.
>> if only there were that person. you could just check them off.
>> you know what? there is.
>> steve didn't support him.
>> absolutely. you are going to come around on elizabeth warren . you just are. who doesn't? elizabeth warren said this on the issue. aig 's reckless bets nearly crashed our entire economy. taxpayers across this country saved aig from ruin. and it would be outrageous for this company to turn around and sue the federal government because they think the deal wasn't generous enough. steve .
>> so i agree with elizabeth warren who's completely right.
>> that's all i need to hear. you just made my morning.
>> january 9th of the new session.
>> check right there.
>> it's amazing what a victory does.
>> come on. fathers and orphans.
>> something like that. something like that. so i'm curious, mika. i'm reading "the new york times," as i do every morning.
>> oh, yes.
>> and i'm hurt. i am hurt because you always told me, and this is why, of course, i was hopeful even though mitt romney lost, that the next four years would be better because you said barack obama cares about women so much.
>> and i thought he did. but obama's remade inner circle has an all-male look so far. you look at -- you look at barack obama 's inner circle , and you look at the chairmen, and i can say chairmen in the house of representatives , it's like they're all men. we are back in, like, 1950 , mika.
>> i'm sorry, the caption underneath is really funny. yeah.
>> all i can see is valerie's leg.
>> love valerie. she's right there. strong.
>> they're all men, seriously. these are the guys that ran, like, "time" magazine in 1950 . all the house chairmen are men.
>> it's unbelievable.
>> we need more women in there.
>> thank god the nominees that the president has out there are making it more diverse.
>> all white men.
>> we'll have stephanie cutter come in on this.
>> does it make you sad?
>> i think his policies, though, and his --
>> no. because you need to actually lift more women up over a series of generations in order to be able to get them to break this glass ceiling . you don't put someone in unprepared just for a token.
>> in fairness, 43% of his appointments have been women in the first administration.
>> where did you pull that out of?
>> thank you, steve rattner.
>> it's true.
>> show me the chart on that.
>> let's figure out george w. bush 's. i bet it rivals it, if not beats it.
>> oh, no doubt about it. he wasn't afraid to have women in his cabinet.
>> one of the first things this president did was work harder to make sure women are paid equally to men, which they are not, which is a joke. because we work so much harder and ultimately we have --
>> doesn't hire them. for his own cabinet. that makes me sad. now to the new jersey governor. chris christie in his state of the state