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t r u t h o u t | The Big Takeover
From the page: " The mess (AIG exec) Cassano created had its roots in an investment boom fueled in part by a relatively new type of financial instrument called a collateralized-debt obligation. A CDO is like a box full of diced-up assets. They can be anything: mortgages,... more
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www.mnftiu.cc & Blog Archive & The AIG Death...
From the page: "And mind you, when I received these threats, I wasn't working in some high-security office building and living in a fancy gated community with no sidewalks where you need a passcode just to go to the golf course. Hardly. I was a schlub in a bathrobe... more
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The Big Takeover : Rolling Stone
The latest bailout came as AIG admitted to having just posted the largest quarterly loss in American corporate history -- some $61.7 billion. In the final three months of last year, the company lost more than $27 million every hour. That's $465,000 a minute, a yearly... more
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Dear A.I.G., I Quit! - Companies * US * News * Story -...
After I read this, I for one feel that the bonus issue was perhaps not wrong. I mean, what harm in giving incentives to those who still do a good job? These are tough times and require tough people.
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Matt Taibbi - Taibblog - The peasant mentality lives...
From the page: "But actual rich people canâ€t ever be the target. Itâ€s a classic peasant mentality: going into fits of groveling and bowing whenever the masterâ€s carriage rides by, then fuming against the Turks in Crimea or the Jews in the Pale or whoever after spending... more
