A brief introduction as previously reported by Paul Kiel for ProPublica:

As we’ve noted before [1], the main cause of AIG’s collapse was its credit-default swap portfolio. The swaps were essentially insurance contracts on securities, and for a fee, AIG guaranteed the security’s value. The problem: If the prices of the securities collapsed, AIG was on the hook. Because the portions of the securities that AIG guaranteed were judged to be almost risk free, not much thought [2] seems to have been given to that scenario.

There has been much said over our current economic recession, current administration’s handling of the previous administration’s hand, and the ever growing number of "bailout" and/or TARP money being apportioned out.

AIG has gone to the taxpayer well FOUR (4) times already for nearly $170 BILLION DOLLARS! Yet, as Brady Dennis of "The Washington Post" reports: AIG Warned of ‘Catastrophic’ Failure if they did not receive additional funding.

The collapse, for instance, would strain the global insurance industry, hurt the value of the dollar and damage money-market funds, AIG warned. The company’s failure, it added, would also erase taxpayers’ existing investment in the firm and foster "doubts about the ability of the U.S. to support its banking system."

What the hell kind of mess do they think we are already in? Let them die. AIG mocks our government and spits in their face while we hand over more lunch money. As Josh Marshall of  Talking Points Memo reports on the more than $100 million in employee bonuses that AIG will payout:

First, lest there be any confusion, we’re not talking about bonuses for executives at the conventional insurance providing divisions of AIG. We’re talking about $100 million in bonuses for executives at the company’s Financial Products division, the shop in London that wrote almost half a trillion dollars of credit default swaps (in effect, unfunded de facto insurance policies on wildly overvalued assets) — the ones that caused the company’s death spiral and put taxpayers on the line for what will likely eventually be a quarter trillion dollar price tag.

Again, look at the numbers. ProPublica has put together a chart of previous government bailouts ("History of U.S. Gov’t Bailouts") and then another chart indicating how the Treasury was impacted ("What Happens After a U.S. Gov’t Bailout") by the returns of their investments or LACK THEREOF.

Stop the bleeding. Take the Economy off the resuscitator and let us conceive another beginning. Hasn’t there been enough political fighting, corporate greed, private vs public debate of superiority, and lack of consequences for poor decisions that have impacted millions of people and billions of dollars?

These corporations that are getting bailouts have not kept any type of social interest or thought twice about the overall impact their risky behaviors would have on the common person. Why then is the common person taking the beating for their arrogant follies and injustices?

Other AIG related stories and references:

  1. The New York Times: A.I.G., Where Taxpayers’ Dollars Go to Die
  2. Fortune: Revealed: 15 AIG Bailout Counterparties
  3. Los Angeles Times: Why the World’s Biggest Insurance Company is Still Getting Taxpayer Funds


Cartoon by Robert Ariail of "The State"  back in 2008 during the first round of taxpayer beatings.

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Photo of Trey Mills Trey Mills

Floyd S. “Trey” Mills III knows that suffering a personal injury through no fault of your own can be a nightmare for the victim and his or her family

Mr. Mills was born on April 24, 1978.  His parents, Floyd S. “Butch” Mills,

Floyd S. “Trey” Mills III knows that suffering a personal injury through no fault of your own can be a nightmare for the victim and his or her family

Mr. Mills was born on April 24, 1978.  His parents, Floyd S. “Butch” Mills, Jr. and Patricia Yarborough Mills, were originally from Newberry, South Carolina, and soon after the birth of Mr. Mills, his parents brought him back to be raised in the same county they grew up in.


Mr. Mills attended Newberry Academy from grades K-3, Gallman Elementary 4th grade, Rikard Elementary 5-6th grade, Mid-Carolina Middle School 7-8th grades, Mid-Carolina High School from 9-12th grades, Clemson University, and Walter F. George School of Law at Mercer University.

Health Crisis

While Mr. Mills was a junior in high school he was chosen by his school to be a representative to Boys State.  This was a great honor and would have been an even better experience except, while at Boys State, Mr. Mills became unusually ill with blackouts, night sweats, and back pain.  Fortunately for Mr. Mills, his mother was an ER nurse at Lexington Medical Center, but unfortunately, for Mr. Mills that did not change his diagnosis of Acute Lymphocytic Leukemia.  Along with his diagnosis, Mr. Mills received a prognosis of two weeks.

Obviously, Mr. Mills has been blessed with his second chance at life and those who have been wronged by health care insurance companies and other types of insurance companies can feel confident in knowing that Mr. Mills can not only empathize with them but fight fervently for their side.  Mr. Mills’ cancer experience and his mother’s arduous yet unsuccessful battle against lung cancer were very trying times.  However, those real-world battles and experiences were nothing compared to the administrative and billing wars he had to encounter with Blue Cross Blue Shield Health Insurance. It seems BCBS would deny any charge over $1,000 without rational reasoning therefore prompting Mr. Mills to go to law school and carry the torch for those that were too ill to fight for themselves while the school yard bully beat them down.


Mr. Mills went on to Clemson University where he was very active in student activities along with academic accomplishments.  Mr. Mills was invited to join Calhoun Honor’s College, Sigma Pi fraternity, Golden Key National Honor Society, Student Government, IPTAY Student Advisory Board, and Tiger Brotherhood. Mr. Mills also worked as a student employee with IPTAY Scholarship Fund under the direction of Bert Henderson, formerly the Associate Athletic Director of Planned Giving at Clemson University.

Early Life

Mr. Mills was unsure of where his hard work and life experiences would best provide an adequate return to the outpouring of kindness he received during his cancer experience. Having received many blessings from the American Red Cross, Mr. Mills went on to be an Apheresis Donor Recruiter under the supervision of Barry Pollard at the American Red Cross Blood Donor Services in Columbia, SC after graduating Clemson University.

Running from his true calling, Mr. Mills fled to Guadalajara, Jalisco, Mexico to Teach English as a Foreign Language (TEFL).  Having spent a semester of college in Madrid, Spain, Mr. Mills thought he should be assisting foreign countries. Mr. Mills was certified by the Vancouver Language Centre in Guadalajara for his TEFL training.  Mr. Mills was in Guadalajara only a few months when September 11, 2001 occurred and helped him focus on his life priorities.

Law School

Mr. Mills went on to law school at Mercer University and clerked each summer trying to determine how he could best serve those less fortunate.  The corporate law firms never truly provided him with that personal feeling of assisting the common person in need.  It wasn’t until Mr. Mills became the first law clerk of the South Carolina Trial Lawyers Association under the supervision of Linda Franklin and lobbyist Michael Gunn that he realized where his education, life experience, drive, and hard work could truly benefit those who have been personally and directly affected by the negligence of another.  Mr. Mills wanted to be a coveted and much needed plaintiff’s trial attorney.  More importantly Mr. Mills realized the power of the faceless insurance companies, misinformed legislative members, and the true power of money and lobbyist in dictating laws.

What’s the one service you pay for all your life but you are actually penalized if you ever have to use it? Insurance.

Trammell & Mills

Mr. Ernie Trammell gave Mr. Mills his big break at leveling the playing field against the faceless and heartless insurance companies.  Mr. Mills works tirelessly every day in an effort to bring justice to those who have been wronged.  Mr. Mills has worked on both sides of the law and has been through some harrowing life experiences.  Mr. Mills has been tested and tried by many of the more traumatic events that life has to offer and now provides his services to the public.

Who would you rather have on your side? Someone whose resolve has been tested and tried? Or someone who has intertwined their morality and greed in such a way that they can’t tell one from the other?

Why haven’t you hired Mr. Mills to be your attorney yet?

Would you listen to the devil on how to get to Heaven? Then why listen to insurance adjusters?