All Posts Tagged With: "aig"

Global Investing News: Bank of America (BAC), China Mobile (CHN), General Motors (GM), UBS AG (UBS), American International Group (AIG) and Eli Lilly & Co. (LLY)

BofA 1Q Profit Doubles; China Mobile Misses Estimates; GM Cutting 1,400 Salary Positions; UBS Selling Brazilian Unit; AIG Gets More Fed Funding; Leading Economic Indicators Fall More Than Forecast;…

21Apr2009 | Money Morning | 0 comments | Continued

Main Street vs. Wall Street: And the Winner Is…

Last Sunday, Fed Chairman Ben Bernanke jumped into the Public Relations Politics foray when he appeared on 60 Minutes.

The political marketers were out in full…

18Mar2009 | Q1 Publishing | 0 comments | Continued

AIG Bonuses: Legalized Theft Has Found Its New Champion

Whatever happened to being paid for performance and rewarding competence? Have corporations and the present day slime that runs them become so corrupt that all…

16Mar2009 | Oxbury Research | 0 comments | Continued

Economic Experts to Obama: Focus on the Fundamentals

In sports, championship-caliber teams all have at least one characteristic in common: They’re able to focus on the fundamentals. With the U.S. unemployment rate jumping to…

9Mar2009 | Money Morning | 0 comments | Continued

Where’s the Bailout Now?

The U.S. has been dishing out the bailout funds at a truly stunning pace.  It wasn’t too long ago when Fannie Mae and Freddie Mac…

11Nov2008 | Oxbury Research | 0 comments | Continued

Federal Government Grants AIG a New Bailout Package

American International Group Inc. (AIG) got a $150 billion government rescue package – almost double the initial bailout deal of less than two months ago and the…

11Nov2008 | Money Morning | 0 comments | Continued

Government provides record aid package to AIG

By JEANNINE AVERSA
AP Economics Writer

(AP:WASHINGTON) In a record bailout of a private company, the government on Monday provided a new $150 billion financial-rescue package to…

10Nov2008 | INO | 0 comments | Continued

Global Investing Roundups

Symantec Upgrade; Monsanto Sees Credit for Crops; AIG’s Costly Retreat; Wells and Citi Extend Ceasefire; Pending Home Sales Climb; Crude Hits Lowest Level in 2008

  • Symantec…
9Oct2008 | Money Morning | Comments Off | Continued

AIG Could Repay $85 Billion Government Loan With $115 Billion in Asset Sales, Analyst Says

American International Group Inc. (AIG), the largest U.S. insurance company by assets, may have to sell more than half its businesses to repay the $85…

24Sep2008 | Money Morning | Comments Off | Continued

The Inside Story of the Collapse of AIG

There’s nothing fundamentally wrong with the core insurance business units of American International Group Inc. (AIG). Nothing at all. What imploded the venerable insurance giant…

23Sep2008 | Money Morning | Comments Off | Continued

The Credit Crisis and the Real Story Behind the Collapse of AIG

There’s nothing fundamentally wrong with the core insurance business units of American International Group Inc. (AIG). Nothing at all. What imploded the venerable insurance giant…

22Sep2008 | Money Morning | Comments Off | Continued

Global Investing Roundups

Palm Can’t Compete; Oracle Reports Profit Jump; Gustav Drives Unemployment; AIG Taps Edward Liddy; McCain Wants SEC Chief Canned; FedEx Felled by Fuel Costs

-Palm…

19Sep2008 | Money Morning | Comments Off | Continued

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…

18Sep2008 | Oxbury Research | Comments Off | Continued

Fed Steps in and Bails Out AIG to the Tune of $85 Billion in Taxpayer Funds

In a stunning reversal, the U.S. Federal Reserve offered American International Group Inc. (AIG) access to $85 billion in exchange for a 79.9% stake in…

18Sep2008 | Money Morning | Comments Off | Continued

We Live In Interesting, Incompetent Times

Epics and Ongoing Busts in the Financial Sector

There may be a major hurricane battering the oil rigs and refineries in the Gulf of Mexico and…

16Sep2008 | Oxbury Research | Comments Off | Continued

Credit Crunch Claims Two More (Part 1)

“At no time in history has the biggest money in the world been as MISALOCATED and invested as it is now.” –Ty Andros

…well put Mr.…

16Sep2008 | Oxbury Research | Comments Off | Continued
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