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What to ask AIG
The Committee on Oversight and Government Reform has asked Ed Liddy and the AIG trustees to testify Wednesday. Here are the questions that I would ask, given my recent piece on AIG . Are you going to be able to use all of your deferred tax assets? What level of sustained profitability ...
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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