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Daily Archives: March 21, 2009

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At $218 Million, AIG (AIG) Bonuses Higher Than Originally Believed

Posted: March 21, 2009 at 9:51 am

There was at least some chance that the furor over $165 million in bonuses paid to AIG (AIG) employees might die down this upcoming week. Because the insurance company got ...
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Treasury Plan For Buying Toxic Assets Is Complex Beyond Belief

Posted: March 21, 2009 at 8:02 am

If The Wall Street Journal's description of the Treasury's plan to get toxic assets off of bank balance sheets is correct, it may be the most complex set of programs ...
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Wholesale Credit Unions Seized

Posted: March 21, 2009 at 7:41 am

Two very large wholesale credit unions were taken over by the government, extending the scope and expense of the bailing out of the US financial system. It is another example ...
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