All Posts Tagged With: "aig stock"

Credit Crunch Claims Two More (Part 2)

Much has happened in the 48 short hours since the first part of this two part series was published. I’m not too interested in the Lehman Brothers garage sale, or the $34 million that Merrill’s CEO, John Thain, will receive in stock options for brokering the sale of the company that he took over just 10 short months ago.

Instead I would like to discuss AIG and how this massive institution failed. I am also going to get into some of the outrageous changes the world’s most powerful hedge fund, I mean the Federal Reserve, made to the rule book as…

18Sep2008 | Oxbury Research | Comments Off | Continued

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