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AIG news from FierceFinance
NewsShould Bank of America have disclosed AIG legal risk?
Bank of America's stock has sunk to penny stock levels in part because of the great uncertainty over potential litigation. The recent pile-on by an array of aggrieved parties was evidence that the Read more...
Piling on, AIG sues Bank of America over MBS
Bank of America can't seem to catch a break, as more critics emerge over its controversial $8.5 billion settlement with aggrieved MBS holders. The latest company to join the chorus of criticism is Read more...
Greek crisis might be a massive credit event for Wall Street
The wacky world of derivatives certainly has the power to make any financial contagion spread even faster than normal, and recent history has borne that out. When it comes to the looming tragedy Read more...
AIG re-IPO shuns Morgan Stanley
On the surface, the lead underwriters for what some are calling the AIG re-IPO are the top dogs in the industry: Goldman Sachs, JPMorgan Chase, Bank of America Merrill Lynch and Deutsche Bank. Read more...
Did Goldman get a taxpayer-funded windfall?
The Financial Crisis Inquiry Commission has revived some thorny issues, notably the role of Dick Fuld in the death of Lehman Brothers and the extent to which Goldman Sachs benefitted from a bailout Read more...
Ben Hakin, Blackstone Group - Execs Under 40
Who: Ben Hakim Age: 34 Executive Post: Managing Director of Blackstone Advisory Partners Why he's young and fierce: Hakim joined Blackstone Group back in 1999, at just 23 years old. He was recently Read more...
TARP a huge success?
The Troubled Asset Relief Program (TARP) has been reviled by many; the public at large continues to see it as a bailout for fat cats that was anything but necessary to stop the spread of financial Read more...
Working at Goldman Sachs like working for the CIA?
So what's it like to work for Goldman Sachs (NYSE: GS) these days? "It feels like I'm working for the C.I.A.," one very junior analyst told the New York Times. Management is taking a proactive Read more...
AIG, Treasury agree to exit plan
AIG (NYSE: AIG) and the Treasury Department have agreed to a plan to convert $49.1 billion in AIG preferred shares into a whopping 1.66 billion shares of AIG common stock, which the Treasury will Read more...
The final hours of Lehman: Debate continues
So what really went down when Lehman Brothers (Lehman Brothers news) failed? There's been a lot of debate about that recently as the FCIC weighed in with some interesting hearings, which portrayed Read more...
| Press ReleasesSix Days Remain Before Deadline in Case Against Bank of America, says Hagens BermanBERKELEY, Calif., Nov. 17, 2011 /PRNewswire/ -- Hagens Berman reminds investors that only six days remain to file to be a lead plaintiff in a case filed against Bank of America (NYSE: BAC) ("BAC") Read more >> 10 Days Remain before Deadline in Case Against Bank of America, says Hagens BermanBERKELEY, Calif., Nov. 11, 2011 /PRNewswire/ -- Only 10 days remain before the Nov. 22, 2011, lead plaintiff deadline in a case filed against Bank of America (NYSE: BAC) ("BAC") alleging the bank Read more >> Beverly Hills Bank Focuses on Customer Needs Not FeesNew Name, New Leadership, and Personalized Banking Becomes the Business Model for Newly Rebranded EH National BankBEVERLY HILLS, Calif., Nov. 10, 2011 /PRNewswire/ -- EH National Bank, headquartered Read more >> ILFC Secures Sale-Leaseback Deal with American AirlinesAgreement Calls for Financing of 15 Boeing 737-800 Next Generation Aircraft LOS ANGELES--(BUSINESS WIRE)-- International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American Read more >> AIG Announces Early Participation Results of Offer to Exchange New Senior Notes for Outstanding Junior SubordinatedNEW YORK--(BUSINESS WIRE)-- American International Group, Inc. (NYSE: AIG) today announced the results as of the Early Participation Date of its previously announced offer to exchange (the “Exchange Read more >> |
