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AIG executives spend money at St. Regis Monarch Resort, while SEC and NY State Insurance cronies claim things are fine like this..
This is the bailout at work, if you pay taxes, you are losing out! Where my hotel stays????read more | digg story
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After Bailout, AIG Executives Head to Resort
Less than a week after the federal government offered an $85 billion bailout to insurance giant AIG, the company held a week-long retreat for its executives at the luxury St. Regis Resort in Monarch Beach, Cali...
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During the collapse of the dot.com bubble, I believed that the stock of the company I'd founded, ITXC, was grossly undervalued; so I bought some both hoping to profit and also to calm the market by showing investors that I was willing to risk my own m...
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...r unwillingness of parties on both sides of the aisle to raise sufficient alarm before now - and disgusted by the terms of the bailout bill (you won’t catch me calling [...]...
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My usual routine on Saturday morning is to brew up a hot pot of coffee and sit down with the New York Times, and last Saturday was no exception.
I expected to find many articles dealing with the latest financial crisis, government bailout, and last Thurs...
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If you spend too much time reading the news, it would be easy to get depressed. I don’t have cable, but I do read the top online news stories. It seems like every single one of them is about how bad the economy is, why we must have a bailout, and ...
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Image via WikipediaI've never been more beside myself. In about 5 days, Congress was able to "come together in a bi-partisan way to rescue our economy." Yeah right. The bailout will do little if anything to quash a global "paying...
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Image via WikipediaI've never been more beside myself. In about 5 days, Congress was able to "come together in a bi-partisan way to rescue our economy." Yeah right. The bailout will do little if anything to quash a global "paying...
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Yes, I'm a skeptic, the ultimate skeptic according to my wife, but it is not shocking how much news came out in the last week or so of businesses suddenly having very public problems securing loans, and polls saying that...
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Congress's new and improved bailout bill includes, along with the obligatory helpings of pork, a provision that would increase FDIC bank deposit insurance from $100,000 to $250,000. Should the House pass the bill today, that boost in insurance would l...
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... as heterosexual couples? Drill for oil.What is your solution to America's decaying infrastructure? Drill for oil.Is the bailout a good idea? Drill for oil.How should we increase the performance of our schools? Drill for oil.How would you address ...
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Yesterday, the Senate passed their version of the Bailout Bill. One item contained in the bill which caught my eye was a change to Code section 132(f) which will cause an almost immediate revision to our Qualified Transportation plan. As a bicycle commu...
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The SEC aren't waiting for Congress to approve the " bailout" in order to start addressing the issues created by FAS 157. There's an article in today's WSJ – Regulators Ease Securities-Valuation Rules that give some background. You ...
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Photo by alfons069
I don’t believe that we have seen the worst of this financial crisis yet. No matter whether the bailout bill finally passes or not, this country is in for some tough times. There will definitely be job losses and the housing mar...
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Headlines this morning:
Stocks jump after sell-off but credit market tightens
House urged to revisit bailout vote
What Now? Life After the Failed Bailout Bill
Five Must-Knows About Your 401(k) Fund
So way back when I was just a wee investor, just ge...
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With last week’s discussions of the Federal government providing a $700 billion bailout and Congress approving it just this weekend, many consumers are wondering “What about us?” It is a sign of difficult economic times, even if nobody i...
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Why not bail out failed home owners, the root cause of the whole sub prime mess and financial blackout?
Bailing out businesses will not help home owners, as the original problem is still left out, and only fixing side effects.
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