AIG

Tullycast by JT2016

Bill Maher With Steven Pearlstein | March 13 2009 | Real Time

Tullycast by JT20162016

Bill Maher | March 13 2009 | Opening Monologue

MARCH 12 2010

Credit Default Swaps by JT2016

Propping Up a House of Cards

February 28, 2009 Talking Business By JOE NOCERA THE NEW YORK TIMES Next week, perhaps as early as Monday, the American International Group is going to report the largest quarterly loss in history. Rumors suggest it will be around $60 billion, which will affirm, yet again, A.I.G.’s sorry status as the most crippled of all […]

Wall Street by JT2016

Government Bailout Hits $8.5 trillion

Kathleen Pender The San Francisco Chronicle November 26, 2008 The federal government committed an additional $800 billion to two new loan programs on Tuesday, bringing its cumulative commitment to financial rescue initiatives to a staggering $8.5 trillion, according to Bloomberg News. That sum represents almost 60 percent of the nation’s estimated gross domestic product. Given […]

AIG by JT20162016

Merrill Lynch Made 700 People Millionaires in 3.6 Billion Dollar Bonus Spree

Merrill bonuses made 696 millionaires: probe 02/12/2009 @ 8:28 am Agence France-Presse via RAW STORY WASHINGTON (AFP) – Merrill Lynch quietly paid out at least one million dollars bonus each to about 700 top executive even when the investment house was bleeding with losses last year, a probe has revealed. They were part of 3.6 […]