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posted by ockhamsrazor vote down flag
AIG: Spiraling Downward and Awarding Bonuses on the Way
blog.ockhamresearch.com - 7/10/2009
AIG: Spiraling Downward and Awarding Bonuses on the Way
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The recent history of American International Group ( AIG ) reads like a continuous train wreck complete with horrendous risk management, obscene losses, enormous government bailouts, and of course repugnant taxpayer funded bonuses.  The culmination of these misdeeds has made AIG the poster ...
economistsview.typepad.com - 7/14/2009
The Shadow Knows
— economistsview.typepad.com — Awhile back there was some controversy over the role of the shadow banking system in the financial... crisis. Resetting the stage: Much Ado About the Shadow Banking System, The Hearing : Occasionally, a blog post will flower into a wide-ranging ... (more) The Shadow Knows

Comments vote down The Baseline Scenario found this 7/14/2009found this
How Citi Blew Itself Up By Cleverly Avoiding AIG
businessinsider.com - 7/7/2009
How Citi Blew Itself Up By Cleverly Avoiding AIG
— businessinsider.com — vikrampandit serious tbi While nearly every other Wall Street firm had AIG's Financial Products group in Wilton,... Connecticut on speed dial, Citigroup reportedly avoided doing business with them. Instead of off-loading risk onto the insurance giant by ... (more) How Citi Blew Itself Up By Cleverly Avoiding AIG

Comments vote down Abnormal Returns found this 7/7/2009found this
reuters.com - 7/10/2009
AIG to pay more executive bonuses July 15: source
— reuters.com — WASHINGTON/NEW YORK (Reuters) - American International Group is preparing to pay next week millions of dollars more... in bonuses to dozens of corporate executives, a source familiar with the development said. AIG has been talking with Washington's ... (more) AIG to pay more executive bonuses July 15: source

Comments vote down naked capitalism found this 7/10/2009found this
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