American International Group

FBI on Fannie, Freddie and 24 others' trail

September 25, 2008 General

Courtesy of Accountancy Age and The Independent, it seems the FBI is taking a keen interest in the collapse of certain US banks and other financial institutions. Those named so far include Lehman Brothers, AIG, Fannie Mae, Freddie Mac, New Century Financial and Countrywide Financial. According to those reports (The Independent): Investigators at the FBI [...]

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The irony of the financial crisis

September 19, 2008 General

The BEST ad ever from AIG to avoid disastersTwo stories, one reflected up on by Jeff Nolan and another extracted by Richard Murphy made me think about the irony of what’s going on in the US right now and which may yet wash over to Europe. The first story from the NY Times lucidly explains [...]

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