AIG: Irony in hindsight

Tyler Cowen from the Marginal Revolution blog has a selection of old AIG commercials. Can you say foreshadowing?

http://www.youtube.com/watch?v=At6F0M4bS P8

The greatest risk is not taking one.”

http://www.youtube.com/watch?v=9VvGW98D3 XA

“Debts are easy to fix, but liability is the nightmare.”

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FED in Red?

Manchester United’s Wayne Rooney and Gary Neville looked perfectly happy sporting AIG as a sponsor earlier this month. Would they be equally pleased with the letters replaced by “FED?”

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AIG Wipeout

American International Group’s bailout sounds a lot like the conservatorship of Freddie Mac and Fannie Mae. The Treasury will be at pains to make sure everybody knows AIG shareholders are getting wiped out, not bailed out. Meanwhile, the fired management of AIG will be due millions of dollars in golden anvils (as opposed to the […]

Last wisdom from Lehman Brothers

“Dear readers, let us begin this week’s missive by acknowledging its partial incompleteness. For understandable considerations, there are some capital market situations that we cannot discuss. We thank all our readers for their support and look forward to continuing to provide you with timely analysis.”
This is how Lehman Brothers’ strategists began their last ever weekly […]

What do you think of the ‘Paulson Doctrine’ ?

Some financial firms, but not all, will be saved. The pattern was set with Bear Stearns in March and repeated with Fannie,  Freddie and AIG this month — but not Lehman Brothers. Information Arbitrage lays it out this morning here.

“Unwittingly or not, Treasury Secretary Paulson has effectively created the Paulson Doctrine. The doctrine states […]

AIG: Irony in hindsight

Tyler Cowen from the Marginal Revolution blog has a selection of old AIG commercials. Can you say foreshadowing?

http://www.youtube.com/watch?v=At6F0M4bS P8

The greatest risk is not taking one.”

http://www.youtube.com/watch?v=9VvGW98D3 XA

“Debts are easy to fix, but liability is the nightmare.”

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What a Week: ‘Unprecedented Challenges,’ Unprecedented Response

With the Dow rising about 770 points on Thursday and Friday, one might ask: Crisis, what crisis? But after all that’s transpired in such a short time, it’s important to step back and consider just how extraordinary this week has been in

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FED in Red?

Manchester United’s Wayne Rooney and Gary Neville looked perfectly happy sporting AIG as a sponsor earlier this month. Would they be equally pleased with the letters replaced by “FED?”

Sphere: Related Content

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