The Treasury Department says it will make a profit on the investment it made for taxpayers when it bailed out AIG. That leads to the question of whether the US government can…
Mitsui was billed $1.8 billion from BP plc (NYSE: BP) for clean-up costs. (Reuters) A limited number of holidays and warm weather probably hurt retail sales in October. (Reuters) Canada may approve…
American International Group, Inc. (NYSE: AIG) is one step closer to being out of debt with Uncle Sam and the U.S. taxpayers. Two recent transaction have AIG now with about $37 billion…
American International Group, Inc. (NYSE: AIG) has recently disclosed that CEO Bob Benmosche has cancer, and last night the company announced a succession plan in case it is needed. What is more…
Jon C. Ogg Reuters: American International Group (NYSE: AIG) CEO Benmosche has cancer. (Reuters) Ford Motor (NYSE: F) may post record profits. (Reuters) William Dudley of the New York Fed said the central bank could…
This is the Twitter-24/7 Wall St. market report for October 22, 2010. These tweets are a sign of which companies the Twitter universe is interested in. Is there there is wisdom in…
AIG is paying back more money to Uncle Sam. American International Group Inc. (NYSE: AIG) has raised a large sum via its AIA Group Ltd. initial public offering in Hong Kong. The…
Reuters: The US will push a trade and foreign exchange agenda at the G20 meeting. Reuters: Fed officials are still not in agreement about quantitative easing. Reuters: American International…
Like all well-run businesses, the federal government has a worst, best, and middle case for the cost to bail out Freddie Mac and Fannie Mae. The range is from $221 billion to…
Douglas A. McIntyre The US Treasury will offer for sale 1.5 billion shares of Citigroup Inc. (NYSE:C) of the 3.6 billion shares it still holds in the bank. The sale of the common stock will…
American International Group, Inc. (NYSE: AIG) does not have many analysts that cover it any longer. After the meltdown and massive government stake, what else would you expect? There is actually a…
Jon C. Ogg Twitter has, by most estimates, 145 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
The TARP program is no more. The Treasury Department issued its final report on the cornerstone project meant to save the US financial system from failure. “In light of the recently announced…
Reuters: George Soros says Germany has a deflation problem. Reuters: China helped keep the yuan’s value low by giving aid to Greece. Reuters: China ignored EU comments about the yuan. Reuters: Congress…
The IMF (International Monetary Fund) says that trouble with the sovereign debt markets and a collapsed real estate market in America have undermined the global financial recovery. Based on its statements, the…
