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AIG: Blame the negative publicity…
AIG: Blame the negative publicity…
Journalists really can’t catch a break. The daily tales of more layoffs , unpaid furloughs and magazine closings (including Portfolio, which ran a monthly footnoted column). But now there’s this: those darn journalists are responsible for the problems at AIG (AIG). We’ll ...
James Surowiecki and Me
baselinescenario.com — Back when I had time to read The New Yorker , I was a big fan of... James Surowiecki. I would always look for his column; if it was there, it was usually the first thing I would read. Unfortunately, he’s no fan of mine . Surowiecki makes three points about our recent long post on ... (more) James Surowiecki and Me
Why The Media Ignores The $400 Billion Fannie And Freddie Bailout
Why The Media Ignores The $400 Billion Fannie And Freddie Bailout
businessinsider.com — This morning, Fannie Mae (FNM) announced that it had lost another $23 billion in the quarter, and... would have to call down $19 billion more in taxpayer support. It also said that it would face losses as far as the eye can see. Do you know how much ... (more) Why The Media Ignores The $400 Billion Fannie And ...
Are AIG FP Employees Using Bailout Cash To Get Jobs Elsewhere? Looks Like It, Says AIG Source
tpmmuckraker.talkingpointsmemo.com — Remember the rumors that AIG Financial Products had "thrown in the towel," handing over massive portfolios of... derivatives to the trading desks of major investment banks to unwind in a process that gave the beleaguered banking sector a profitable first ... (more) Are AIG FP Employees Using Bailout Cash To Get Jobs ...
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AIG's Business Adversely Affected By Words
Dealbreaker — ... products and services, thereby reducing sales of AIG products and services, and resulting in an increase in AIG policyholder surrenders and non-renewals of AIG policies. This scrutiny and commentary has also undermined employee morale and AIG's ability to motivate and retain its employees. If this level of scrutiny and criticism continues or increases, AIG's business may be further adversely affected and its ability to retain and motivate employees further harmed. AIG: Blame The Negative Publicity [footnoted.org] ...

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