Comments on: The Credit Crisis and the Real Story Behind the Collapse of AIG

By: Here's Why It's Time to Ban Credit Default Swaps

Here's Why It's Time to Ban Credit Default Swaps — Wed, 15 Jul 2009 10:49:04 +0000

[...] International Group Inc. (NYSE: AIG). In that case, the government injected $180 billion into AIG, largely to allow it to make good on the CDS contracts it had written – $13 billion of which were with Goldman [...]

By: General Electric to Raise "At Least" $15 Billion Via Stock Sale, Investment From Warren Buffett's Berkshire Hathaway

Wed, 01 Apr 2009 16:31:36 +0000

[...] Money Morning Special Investigation of the Credit Crisis (Part II): The Credit Crisis and the Real Story Behind the Collapse of AIG. [...]

By: Inside the Credit Crisis: How the Fed’s Efforts to Lower the Fed Funds Rate May Leave it Powerless to Stop the Financial Meltdown

Wed, 01 Apr 2009 15:30:04 +0000

[...] you missed Gilani’s investigative series, Part I appeared Sept. 18, Part II ran Sept. 22 and Part III was published Sept. 24. Gilani’s plan was published on Sept. 25 as an open [...]

By: The Inside Story of the Collapse of AIG

The Inside Story of the Collapse of AIG — Mon, 30 Mar 2009 16:17:23 +0000

[...] Money Morning Special Investigation of the Credit Crisis (Part II): The Credit Crisis and the Real Story Behind the Collapse of AIG. [...]

By: AIG to Seek More Government Assistance as it Braces for a $60 Billion Quarterly Loss

Wed, 18 Mar 2009 16:56:40 +0000

[...] acquired an 80% stake in AIG last year when it twice intervened to keep the company afloat. The government first stepped in with $85 billion in September. But authorities were forced to bailout AIG again in November after the company posted a $24.5 [...]

By: Why the $700 Billion Bailout Bill Will Fail U.S. Taxpayers

Why the $700 Billion Bailout Bill Will Fail U.S. Taxpayers — Mon, 09 Feb 2009 20:51:18 +0000

[...] Money Morning Special Investigation of the Credit Crisis (Part II): The Credit Crisis and the Real Story Behind the Collapse of AIG. [...]

By: Jutia Group - Market Jitters & Political Critters

Jutia Group - Market Jitters & Political Critters — Fri, 23 Jan 2009 21:14:16 +0000

[...] business in which London specialized are in most trouble. Securitization and derivatives were the two immediate causes of the credit crisis, while the 50% declines in the emerging-market stock markets have made the exorbitant fees of the [...]

By: David Spence III

David Spence III — Fri, 23 Jan 2009 18:42:36 +0000

Neither President Usurper, nor any other bureaurat, is even thinking about mentioning the real underlying cause of all this financial trouble. And what, you say, is that? Well, banksters were loaning out money with no consideration of how much they actually had. Then along came the Great Depression. People were actually angry, and demanded the banksters be held accountable for their counterfeiting/thefts. So the bureaurats ‘limited’ them to only counterfeiting 900% of what they actually had in the vault. About what they already were doing, anyway. So after the depression, the banksters went to town replicating the same crimes that caused that depression. Plus, they added some new lies and fictions, like CDOs. Get it right, they are robbing us thru ‘marginal banking/counterfeiting’ and are getting away with it because they bribe the politicians, using PACs. They both belong in prison, right along side their accomplices the lawyers who enabled them with their ‘prevarications’.

By: Great Britain - The "Rust Belt" of Global Finance

Great Britain - The "Rust Belt" of Global Finance — Fri, 23 Jan 2009 08:30:40 +0000

By: Jutia Group - Market Jitters & Political Critters

Jutia Group - Market Jitters & Political Critters — Tue, 20 Jan 2009 15:33:55 +0000

[...] (FRE), but there’s no question that perverse management incentives in the financial sector, unsound new financial tools and sloppy regulation also played important [...]