8Vote!
The Washington Times (Free subscription) | 11/07/2009
NEW YORK | AIG said Friday it was profitable for the second straight quarter as its core insurance operations continue to stabilize after the company's bailout by the federal government last year. American International Group Inc. also said the amount of its government financial assistance dropped by 4 percent during the third quarter. Its results got a lift from the increasing value of investments...
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Radon Mitigation Pittsburgh (Free subscription) | 11/07/2009
( EMAILWIRE.COM , November 07, 2009 ) Dallas, TX - Fannie Mae (NYSE:FNM) decreased 7.14% to $1.04 on a volume of 50.97 million shares after the company announced Thursday a policy under which thousands of borrowers on the verge of foreclosure will soon have the option of renting their homes from Fannie Mae. The government-controlled company, through its new 'Deed for Lease' program, will allow borrowers...
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People Daily (Free subscription) | 11/07/2009
American International Group Inc., the troubled insurance giant, said Friday it was profitable for the second straight quarter. Net income available to common shareholders was 92 million U.S. dollars in the third quarter, compared with a loss of 24.47 billion dollars during the same quarter last year. Including the government's portion of the profit, AIG earned 455 million dollars, or 68 cents per...
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Stupid Dinosaur Lies (Free subscription) | yesterday
Nearly all at the same time, Answers in Genesis and Creation Ministries International each posted 2 articles that tells about the world's most famous dinosaur, Tyrannosaurus Rex . Nearly everyone, whether they are dinosaur enthusiasts or not, can recognize T.rex the instant they set eyes on the Tyrant dinosaur. This is one of the first dinosaurs children see when they are first introduced to the study...
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Running 'Cause I Can't Fly (Free subscription) | yesterday
"More Extortion By The Banks" by Karl Denninger "Yeah, that's a strong word. In my opinion it is also the only word that's appropriate for the circumstances: The Fed has been informed by dealers that they would be willing to enter into very sizable amounts of reverse repos with the Fed, if asked to do so, provided they could get some relief from Tier I capital constraints, MNI also...
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Kid Dynamite's World (Free subscription) | yesterday
warning: this post will require you to be able to intelligently ponder philosophical concepts and theories, and perhaps try to forget some assumptions you may already have. I failed in my attempt to explain the concepts below in a comment thread on NakedCapitalism , so here's the full thought process: Let's have a quick CDS tutorial: Credit Default Swaps are insurance on the credit of an underlying...
3Vote!
Karmabanque Radio (Free subscription) | yesterday
Stacy Summary: Yowza! £165 billion!!!!! That’s twice as much as the AIG bailout and is more than 10% of the UK annual GDP. Stock Options Hit New High after Bailout Rebound Secret £165 billion loan keeping Lloyd’s alive
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L. A. Times Dodgers Blog (Free subscription) | yesterday
Hospitals, theaters and museums have long enjoyed their generosity. But as AIG shares fell, the father and son's fortunes shriveled. Driving around Los Angeles, particularly around the UCLA campus, it's hard not to notice the hospitals and research centers that bear their name.
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The Boring Made Dull (Free subscription) | 11/08/2009
Some Thoughts: The law of unintended consequences rules. We're having a vote, rushed through, with none of the promised 72 hour review. (that's only 3 days on a 1,000+ page bill). This thing was written by lobbyists; nobody, not Pelosi, not Hoyer, not Obama, knows what the legislative language means at this point. That means that the bill is loaded with stuff nobody wants, other than some lefty nutcases....
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Stock Market Analysis (Free subscription) | 11/08/2009
Friday, during regular trading hours, there were many stocks that continued to break out to the upside. Below is a list of stocks that are worth watching for November 9, 2009. Also, check out some of the Biggest Stock Gainers of the Day. You can also find previous stocks to buy reports - Right Here Stocks to Watch - 11/9/09 - Stock Market Ideas Discuss Stocks - http://stockstobuy.org CEL-SCI Corp....
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Bleier's Blog (Free subscription) | 11/07/2009
Trillion $ Bailouts – Questions that won’t die by Ronald Bleier 11.6.09 A major political question that doesn’t want to die is whether the billion and trillion dollar Wall Street bailouts that Washington handed out were necessary to keep the economy from disintegrating. Despite the persistence of the question, the only answer seemingly allowed in the mainstream is the monotonously...
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Chew your grouse (Free subscription) | 11/07/2009
Now that it looks like Steven Cohen's SAC Capital may get dragged bodily into the insider trading scandals, things could get interesting. If you think there's been an uproar over bonuses at AIG and Goldman Sachs, wait till the mainstream press starts chewing over Cohen's compensation ($1 bln in 2005) and lifestyle (35,000 square foot house in Greenwich, bought for $15 million but with jah knows how...
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Law Blog - WSJ.com (Free subscription) | 11/07/2009
AIG posted its second profitable quarter in a row, but weak results at its main insurance businesses underscored the scale of the challenges the giant insurer still faces.
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Money Market News (Free subscription) | 11/07/2009
Market at 6 November 2009 DJIA Open 10001.35 High 10044.50 Low 9936.81 Close 10023.42 NASDAQ Open 2094.61 High 2117.62 Low 2088.24 Close 2112.44 S&P500 Open 1064.95 High 1071.48 Low 1059.32 Close 1069.30 October Nonfarm Payrolls released a higher payrolls than last release. October Unemployment Rate released a higher unemployment than last release, while October Average Workweek and October Hourly...
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andro | 10/23/2009
Car insurance rates - Click Here! >>> auto insurance company state auto insurance company california auto insurance company quote top auto insurance company auto company insurance safe auto insurance company top auto insurance company illinois auto insurance company auto one insurance company auto insurance company rating auto insurance company in nj rate auto insurance company ma auto insurance company...
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paisano1 | 03/18/2009
There is something rotten at AIG, and calling out those multiple flaws in the way the directors, officers, and managers ran the company can be used to negate those bonus payments. The fatal flaw(s) may be in the contract language and in the bonus plan, which, one would hope, set up some criteria for paying millions in shareholder money above and beyond base salary. We may find that the bonus contracts
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paisano1 | 03/16/2009
Any attorney who advises that these bonuses are appropriate ought to have his or her head checked. Base salary, maybe, if not outrageous. No bonus. No severance unless everybody else also received proportionate assistance. Don’t care what the contract says - attack it in bk or wind down - I saw it many times in the Silicon Valley meltdown.
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