View By Tag : aig
A.I.G. Reports $8.87 Billion Loss in 4th Quarter (www.nytimes.com)
The American International Group, the insurance giant, said on Friday that it lost $8.87 billion in the fourth quarter as it paid down some of the billions of dollars in bailout loans it received from... More
Submitted 23 days ago by gregplaysdrums on Economy | 0 Comments |
Testy Conflict With Goldman Helped Push A.I.G. to Edge (www.nytimes.com)
Billions of dollars were at stake when 21 executives of Goldman Sachs and the American International Group convened a conference call on Jan. 28, 2008, to try to resolve a rancorous dispute that had... More
Submitted about 1 month ago by gregplaysdrums on Economy | 0 Comments |
What the New York Fed Bought in A.I.G.’s Bailout (dealbook.blogs.nytimes.com)
One more secret of the American International Group’s bailout became public on Wednesday: a list of the tens of billions of dollars in toxic assets that the Federal Reserve Bank of New York bought... More
Submitted about 1 month ago by gregplaysdrums on Economy | 0 Comments |
SEC mulled national security status for AIG details (www.reuters.com)
U.S. securities regulators originally treated the New York Federal Reserve's bid to keep secret many of the details of the American International Group bailout like a request to protect matters of... More
Submitted about 1 month ago by gregplaysdrums on Economy | 0 Comments |
What's Still Hidden in AIG's Files? | The Huffington Post Investigative Fund
(huffpostfund.org)
As federal hearings into the cause of the financial crisis got underway this week, attention has focused on one key outstanding question: Whether the giant insurer American International Group... More
Submitted 2 months ago by AlisonHamm on Economy | 0 Comments |
Grassley Questions ‘Severance’ Pay to AIG Exec
(washingtonindependent.com)
As Wall Street prepares to dole out billions of dollars in 2009 bonuses, Sen. Charles Grassley (R-Iowa) has his eyes on one particular payment of $2.8 million. That’s the amount reportedly paid to... More
Submitted 2 months ago by AlisonHamm on Economy | 0 Comments |
Geithner's Stock Plummeting (www.banksterusa.org)
The Geither to Goldman clock keeps on ticking. New revelations about Secretary Geithner's mishandling of the AIG bailout while head of the New York Fed have once again set his stock plummeting in... More
Submitted 2 months ago by gregplaysdrums on Economy | 0 Comments |
As Owners of AIG, the American Public Deserves Some Answers (www.banksterusa.org)
More than a year after reckless Wall Street gambling collapsed the economy, no employee of a major American bank or financial institution is behind bars. This fact is all the more astounding when it... More
Submitted 3 months ago by gregplaysdrums on Economy | 0 Comments |
The Heart of Wall Street
(www.thenation.com)
When "pay czar" Kenneth Feinberg appeared before the House Oversight and Government Reform Committee on Wednesday, most members seemed quite pleased with his work.
Submitted 4 months ago by lizchapman on Economy | 0 Comments |
Weekly Audit: Too Big to Fail is Just Too Big
(open.salon.com)
Last week, President Barack Obama released key legislation designed to fight the banking industry’s too-big-to-fail problem. But Obama’s plan doesn’t actually address too-big-to-fail at all. It... More
Submitted 4 months ago by lizchapman on Economy | 0 Comments |
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