All Posts Tagged With: "insurance holder"

Corporate Governance Runs Up The White Flag

Your Federal Government Is Now An Insurance Shareholder?

Well, American International Group (NYSE – AIG) certainly went south faster than we expected. Rather than rising to fill the gap before plunging, it instead plunged straight away. Will there be a bounce? Well, let’s look at recent surprise developments before making a prediction.

The U.S. Federal Reserve Board has just agreed to lend up to $85 billion to AIG to allegedly prevent a “disorderly failure” that could wreak economic havoc. The loan is secured by all AIG and primary non-regulated subsidiary assets so that the insurance giant can meet its obligations as they…

18Sep2008 | Oxbury Research | 2 comments | Continued

  • Polls

    How Has The U.S. Recession Affected You?

    View Results

    Loading ... Loading ...
    • Improve the web with Nofollow Reciprocity.