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MAKEOVERS

AIG Magically Makes All Its Problems Vanish

Nothing to see here folks, except the death of the American dreamWhen historians look back on the collapse of the global financial system in 2008 and 2009, they will find a single culprit. It won’t be the completely asymmetric system of risk and reward that compensated executives and traders handsomely regardless of whether they made or lost billions, nor will it be a 30-year trend in widening inequality between the investment class and people who make money the old-fashioned way (by “working”), nor will it be the demise of the manufacturing sector to the benefit of the financial services sector until we became a nation of bankers selling worthless shit to each other for increasingly laughable amounts of money. No, the dastardly poison in the American heart was one very simple thing: the names of these criminal companies that lost all of our dollars. And once we change their names, the entire system will heal itself.

Thus AIG, the company once known as a stalwart and reliable insurance giant, which then became known as a slithering nest of venal money-hungry warthogs, shall completely restore its public image by changing its name to “Blackwater.”

Many thanks to Wonkette Financial Services Operative Dan Albanese for capturing this magical transformation of the Water Street branch of AIG in beautiful Manhattan.


12:46 PM on Mon March 23 2009
By Sara K. Smith
4060 Views

  1. fuckinredneck says at 12:50 pm, March 23rd, 2009

    They should just rename themselves COBRA and hire unemployed schlubs to wear face masks and fly helicopters with ejection seats. And fire red lasers, also.

  2. 4tehlulz says at 12:50 pm, March 23rd, 2009

    AIG had become an uncorporation. It had never existed.

  3. magic titty says at 12:53 pm, March 23rd, 2009

    Stalin’s airbrushers would be proud.

  4. gurukalehuru says at 12:56 pm, March 23rd, 2009

    They took the name off the front of the building to confuse the pitchfork wielding mob. Smart move, actually.

  5. Mr Blifil says at 12:59 pm, March 23rd, 2009

    Perhaps they should consider something positive, instead of generic, for the rechristening of their diabolical money sponge empire. Something along the lines of “Guranteed Inches to Your Penis Consortium” or “Gonzo Orgy Shenanigans Group.” That would at least provide a clean break with positive associations.

  6. shanemacgowan says at 1:00 pm, March 23rd, 2009

    I googled “slithering venal money-hungry warthog” and all I got was a picture of Bug Selig.

  7. Internally valid says at 1:02 pm, March 23rd, 2009

    I can haz job now?

  8. gjdodger says at 1:04 pm, March 23rd, 2009

    As Stockard Channing (the voice of all those AIG TV ads) would warble:

    Look at me, I’m AIG
    Cloaked in anonymity
    The bonus bucks
    You paid these fucks
    Are gone, like AIG!

  9. Carrie_Okie says at 1:07 pm, March 23rd, 2009

    Mr Blifil: Altria?

  10. Delicious says at 1:09 pm, March 23rd, 2009

    gjdodger: !!!!!!!

    Let’s get Stockard Channing!

  11. Mustang says at 1:09 pm, March 23rd, 2009

    You gotta feel for the poor security people who have to listen to the whiney execs about how everybody wants to kill them. Also the custodians who prolly have had to clean eggs and whatnot off the building. So I’m happy for them that this will cut down on the looky loos and the random acts of egging.

  12. Sussemilch says at 1:09 pm, March 23rd, 2009

    Are we proposing new names for AIG?

  13. Gopherit says at 1:10 pm, March 23rd, 2009

    SSSSSHHHH!!! YOu can’t see us.

    My cat plays this same game, and it doesn’t work for her either, but she’s not on the hook for nearly $100 billion of taxpayer money and the object of hatred worldwide.

  14. Serolf Divad says at 1:11 pm, March 23rd, 2009

    Ladies that use words like “asymmetric” give me the tingles.

  15. Hobodeluxe says at 1:13 pm, March 23rd, 2009

    AIG to now be known as IOU

  16. AngryBlakGuy says at 1:14 pm, March 23rd, 2009

    …geez, that really did work! I don’t even remember why I was upset anymore?!

  17. Yes You Can Own A Piece of History says at 1:14 pm, March 23rd, 2009

    All better! Hooray. Now we can talk about the important stuff like Michelle Obama’s arms.

  18. KilgoreTrout_XL says at 1:17 pm, March 23rd, 2009

    “Ministry of Truth” would be kinda cool. I’m serious.

  19. fuckinredneck: But who will lead the special mission forces with the extremely nondescript name against them? And who’s gonna be Destro?

  20. Sussemilch says at 1:18 pm, March 23rd, 2009

    Hobodeluxe: International Occupational Underwriters - I likey

  21. BillyClubb says at 1:20 pm, March 23rd, 2009

    Name changing also worked for all the Nazis who were guilty of war crimes.

  22. Doglessliberal says at 1:23 pm, March 23rd, 2009

    Well, it must work. Blackwater became XE and it is now a big, loving company that never killed any Iraqi civilians or tortured anyone. Right?

  23. StephanieInCA says at 1:24 pm, March 23rd, 2009

    I can’t believe Abbey Bartlet would have lied to me like that.

  24. AngryBlakGuy says at 1:24 pm, March 23rd, 2009

    …can we now refer to AIG as “the company formerly known as AIG”? And then they could hire “Prince” as their new CEO!

  25. Sussemilch: Small Homes Investment Technology

  26. fuckinredneck says at 1:25 pm, March 23rd, 2009

    Zadig: Our good friend Bernie Madoff would make an excellent Destro. Or Sepentor. Or whateva.

    You know what would be cool? To roll over to the house of a person you don’t like and re-sign it as “AIG”. Then sit back and watch the TP fly.

  27. shortsshortsshorts says at 1:26 pm, March 23rd, 2009

    Yes. Blackwater is now Xe, Phillip Morris is now “Altria,” and AIG will become something resembling a rising Pheonix. That is how marketing works, right?

  28. Hooray For Anything says at 1:28 pm, March 23rd, 2009

    I’m thinking they should change their name to something nice, something pleasant, something that it’ll be impossible to hate on– which is why they should just change their name to “Bob.”

  29. AngryBlakGuy says at 1:29 pm, March 23rd, 2009

    Doglessliberal: …maybe Dick Cheney should soften his image with a name change as well?! We can call him Pol Pot or Stalin? Doesn’t that just make you feel all warm and fuzzy now?

  30. obamaslammajamma says at 1:31 pm, March 23rd, 2009

    does Manchester United have to change its jerseys now?

  31. Just change the packaging! According to this brilliant idea, we could’ve saved a lot of troops’ lives if we had them in convoys of, say, Good Humor trucks. Jihadists would never detonate an IED on the ice cream man. Right?

    gjdodger:
    Beatiful

  32. nmmagayar says at 1:35 pm, March 23rd, 2009

    Hooray For Anything: srsly - my mom has her insurance w/the former AIG - it’s now “21st Century”

  33. Czn939 says at 1:35 pm, March 23rd, 2009

    shortsshortsshorts: No, no, no.
    AIG’s new name must follow the trend and sound like some vague anti-depressant/high-blood-pressure/high-cholesterol/nasal-decongestant/boner-pill. Altria, Accenture, etc. all sound like some new wonder-drug with horrid side-effects promoted by a talking insect.

  34. gjdodger:
    I meant to write:
    Beautiful! Gotta have Riz in her jammies rollin’ in the cash on her bed.

  35. Sussemilch says at 1:38 pm, March 23rd, 2009

    TGY: lawl!

  36. Come here a minute says at 1:39 pm, March 23rd, 2009

    TBTFIG — Too Big To Fail Insurance Group, or just
    FIG — FAIL Insurance Group

  37. ForTheTurnstiles says at 1:40 pm, March 23rd, 2009

    AngryBlakGuy: That sure did work nice for Cat Stevens / Yusuf Islam.

  38. psilage says at 1:40 pm, March 23rd, 2009

    Maybe one better would be to put misdirecting/redirecting signage on that surface:

  39. Hooray For Anything: Not me. When a dude comes up to me and says his name is Bob, I think, “This man is a liar. His name is actually Robert.”

  40. Doglessliberal says at 1:42 pm, March 23rd, 2009

    AngryBlakGuy: definitely a step up for him, yes! Karl Rove could try “Rasputin”, as well.

  41. Doglessliberal says at 1:44 pm, March 23rd, 2009

    ForTheTurnstiles: ooh, maybe Xe could use “Peace Train” in a new series of commercials. That would work on several levels.

  42. Georgia Burning says at 1:47 pm, March 23rd, 2009

    Even if they change their name to “WeLuvPuppies.Com”, the barricades in front of the building are sort of a giveaway.

  43. gjdodger says at 1:47 pm, March 23rd, 2009

    I think we should call them “Rotten AIG.” That’s how it’s pronounced down here in Arkansas, anyway.

  44. Roger the Shrubber says at 1:51 pm, March 23rd, 2009

    I for one await that glorious day when millions shall march in the streets, joyfully celebrating the rescue of the financial giants, without which we would be so many cavemen living off onion grass and dung.

    On the day AIG will once again hang its sign with pride (wipes away tear).

  45. MarieDeGournay says at 2:23 pm, March 23rd, 2009

    Just because there’s no sign doesn’t mean you can’t still hit it with a rocket launcher.

  46. Cape Clod says at 2:32 pm, March 23rd, 2009

    Georgia Burning: I was thinking the might try “Sleepy Kittens and Sneezing Baby Pandas Inc,” but you’re right, nobody is going to buy it if the front of your building looks like the climactic scene in ‘Les Miserable’.

  47. In New York (the “workers” that is), people have just been referring to AIG as “those fuckers”. That kinda works too, right?

  48. raider12 says at 3:58 pm, March 23rd, 2009

    Given that AIG’s credit-default swaps were the improvised explosive devices on the world’s economy, how about re-naming it:
    I.E.D (INT’L ECONOMIC DOUCHEBAGS)?

  49. Wonkette Financial Services Operative Dan Albanese: I hope that isn’t your real name, because it will be a long time before you work again. I know an Enron guy that took 5 years to find a new job

  50. SocialistMuslin says at 4:10 pm, March 23rd, 2009

    With the way people feel about them, they might as well call themselves “The Legion of Doom”

  51. Double Scorpion says at 4:21 pm, March 23rd, 2009

    The greatest trick the Devil ever pulled was convincing the world he didn’t exist.

    MarieDeGournay:I would totes spot you if you wanted.

  52. S.Luggo says at 4:55 pm, March 23rd, 2009

    That part of the building can detach and fly away in case of attack by Klingon auditors.
    http://meshula.net/daystrom/1701/primary_top.jpg

  53. S.Luggo says at 4:59 pm, March 23rd, 2009

    Carrie_Okie: Harry Shearer’s suggestion: Insura.

  54. SpirolinaAgnew says at 5:07 pm, March 23rd, 2009

    gurukalehuru: but the mobs of today have Google Maps. Can Dick Cheney’s Google operatives hide AIG in time???

  55. populucious says at 6:40 pm, March 23rd, 2009

    This reminds me of a local accounting firm called “Tax Problems”, which I’ve always felt was one of the worst names for a business ever, like a mechanic called Exploding Engines. You can’t help but think, well, I currently do not have any “tax problems” and I don’t really want any, so I’m not going there.

    If Tax Problems changed it’s name to something less threatening, like Tax Solutions perhaps, I might totally go to them, cuz they’re convenient to my house. So maybe AIG is on to something.

  56. hobospacejungle says at 8:30 pm, March 23rd, 2009

    populucious: like a mechanic called Exploding Engines.

    I like how you did that. Thanks for the out-loud laugh you gave me.

  57. bitchincamaro says at 10:11 pm, March 23rd, 2009

    Hooray For Anything: Madison Avenue’s theory that all you have to do is put a vowel at the end of your product name to give it credability is clearly at work here. I’m not so sure that adding said vowel to ‘SS’ would have worked for the Nazi’s, but too late to test that one, I guess.

  58. Bearbloke says at 11:17 pm, March 23rd, 2009

    I drove past an AIG office in an office-park around 11am - if I wasn’t on my way to see a client, I woulda stopped and pissed on their lawn… but that office-park is probably pretty secluded on weekends…

  59. Bearbloke says at 11:19 pm, March 23rd, 2009

    gjdodger: Sing out, Louise!

  60. assistant/atlas says at 3:50 am, March 24th, 2009

    This, Sara K. Smith, is why the gentlemen readers of Wonkette love you. It’s not any sort of Tina Fey glasses effect. It’s writing like this:

    Thus AIG, the company once known as a stalwart and reliable insurance giant, which then became known as a slithering nest of venal money-hungry warthogs, shall completely restore its public image by changing its name to “Blackwater.”

    Hott.

  61. assistant/atlas says at 3:53 am, March 24th, 2009

    Serolf Divad: See what I mean. Also.

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