Thursday, March 19, 2009

How AIG Became Too Big to Fail. Years of unregulated and risky deals exposed the insurance giant to catastrophic losses.

Roky bez regulace, riskantni kroky vedly ke katastrofickym vysledkum. Cena bankrotu? 3.5 bil Kc.
Paying bonuses to the same people who created the mess. With our money. A look at why a dark corner of the global economy is costing taxpayers $170 billion

www.time.com
http://time.chtah.com/a/hBJwjBMBASRffB7SaZ6$hvkna6O/time17-0

Sunday, March 1, 2009

AIG, new loss of $62 bill in 4th quarter of 2008. Governement already owns 80% of AIG

As result of the earlier interventions, which included a $60 billion loan, a $40 billion purchase of preferred shares and $50 billion to soak up the company’s toxic assets, gov owns 80% of AIG.
Now the deal would have the government commit another $30 billion.

http://www.nytimes.com/2009/03/02/business/02aigweb.html?hp