Former AIG Head Hank Greenberg on CNBC With Maria Bartiromo
Former AIG Head Hank Greenberg on CNBC With Maria Bartiromo
MoreGroup Think, Duct Tape and Slam Dunks
Merrill
Bank of America Throws Ten Million Dollar Super Bowl Party
T H I N K P R O G R E S S Just weeks ago, the federal government extended $20 billion to Bank of America to keep it afloat, bringing its total in federal bailout dollars received to $45 billion. ABC News reports, however, that the bank managed to scrounge up millions of dollars […]
MoreSmall Banks Getting Short End of Tarp Bat
SEEKING ALPHA William Patalon III Bank of American Corp. (BAC), which is getting $15 billion from the U.S. government as part of the Treasury Department’s $250 billion “recapitalization” effort, is doubling its stake in state-owned China Construction Bank Corp., and will hold a 20% stake worth $24 billion in China’s second-largest lender when that deal […]
MoreThe 17th Floor, Where Wealth Went to Vanish
The 17th floor, where wealth went to vanish By Diana B. Henriques and Alex Berenson Monday, December 15, 2008 The epicenter of what may be the largest Ponzi scheme in history was the 17th floor of the Lipstick Building, an oval red-granite building rising 34 floors above Third Avenue in Midtown Manhattan. A busy stock-trading […]
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