Comments on: AIG’s Cassano: Trillion-Dollar Price on His Head http://www.ritholtz.com/blog/2009/05/aigs-cassano-trillion-dollar-price-on-his-head/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 23:28:32 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: ben22 http://www.ritholtz.com/blog/2009/05/aigs-cassano-trillion-dollar-price-on-his-head/comment-page-1/#comment-173061 ben22 Tue, 19 May 2009 01:21:17 +0000 http://www.ritholtz.com/blog/?p=26777#comment-173061 Lori, you are right AIG was not in good shape before CDS. If anything you see that in the complete desperation by M. Hank Greenberg as he explains why he is not to blame for the company's undoing. Lori,
you are right

AIG was not in good shape before CDS. If anything you see that in the complete desperation by M. Hank Greenberg as he explains why he is not to blame for the company’s undoing.

]]> By: FromLori http://www.ritholtz.com/blog/2009/05/aigs-cassano-trillion-dollar-price-on-his-head/comment-page-1/#comment-172677 FromLori Mon, 18 May 2009 06:01:53 +0000 http://www.ritholtz.com/blog/?p=26777#comment-172677 Was AIG Cooked Long Before Joe Cassano? (AIG) Even before credit default swaps, AIG was not some old-fashioned, hunky-dory insurance firm. Read » http://www.businessinsider.com/was-aig-cooked-long-before-joe-cassano-2009-5 Was AIG Cooked Long Before Joe Cassano? (AIG)

Even before credit default swaps, AIG was not some old-fashioned, hunky-dory insurance firm. Read »

http://www.businessinsider.com/was-aig-cooked-long-before-joe-cassano-2009-5

]]> By: FromLori http://www.ritholtz.com/blog/2009/05/aigs-cassano-trillion-dollar-price-on-his-head/comment-page-1/#comment-172670 FromLori Mon, 18 May 2009 04:51:54 +0000 http://www.ritholtz.com/blog/?p=26777#comment-172670 http://tpmmuckraker.talkingpointsmemo.com/2009/05/are_aig_fp_employees_using_bailout_cash_to_get_job.php http://tpmmuckraker.talkingpointsmemo.com/2009/05/are_aig_fp_employees_using_bailout_cash_to_get_job.php

]]> By: Wes Schott http://www.ritholtz.com/blog/2009/05/aigs-cassano-trillion-dollar-price-on-his-head/comment-page-1/#comment-172561 Wes Schott Sun, 17 May 2009 19:22:17 +0000 http://www.ritholtz.com/blog/?p=26777#comment-172561 Brooksley Born, who monitored the futures markets, tried to extend her remit to unregulated derivatives. Alan Greenspan and Robert Rubin, the then Treasury secretary, persuaded Congress to freeze her already limited power, forcing her departure. Rubin had come into government from Goldman Sachs; when he left he went back to banking, and pushed for Citigroup to step up its trading of risky, mortgage-related investments. For his advice, he earned over $126m (£84m) and then, as Citigroup collapsed, became an adviser to Barack Obama. After Greenspan stepped down from the US central bank in 2006, he became a consultant to Pimco, the world’s biggest bond fund, where his insights have been praised by his boss. “He’s made and saved billions of dollars for Pimco already,” said Bill Gross last year. Greenspan is also an adviser to Paulson & Co, a hedge-fund group that has made billions from the collapse in American housing. Brooksley Born, who monitored the futures markets, tried to extend her remit to unregulated derivatives. Alan Greenspan and Robert Rubin, the then Treasury secretary, persuaded Congress to freeze her already limited power, forcing her departure. Rubin had come into government from Goldman Sachs; when he left he went back to banking, and pushed for Citigroup to step up its trading of risky, mortgage-related investments. For his advice, he earned over $126m (£84m) and then, as Citigroup collapsed, became an adviser to Barack Obama. After Greenspan stepped down from the US central bank in 2006, he became a consultant to Pimco, the world’s biggest bond fund, where his insights have been praised by his boss. “He’s made and saved billions of dollars for Pimco already,” said Bill Gross last year. Greenspan is also an adviser to Paulson & Co, a hedge-fund group that has made billions from the collapse in American housing.

]]> By: The AIG story « Stocks Go Up. Stocks Go Down. http://www.ritholtz.com/blog/2009/05/aigs-cassano-trillion-dollar-price-on-his-head/comment-page-1/#comment-172552 The AIG story « Stocks Go Up. Stocks Go Down. Sun, 17 May 2009 18:42:28 +0000 http://www.ritholtz.com/blog/?p=26777#comment-172552 [...] AIG story Jump to Comments While our media is consumed about some dumbshit with fake boobs and other fake GOP talking points: In the final three months of 2007, AIG lost over $5 billion. Under the terms of the bonus scheme, [...] [...] AIG story Jump to Comments While our media is consumed about some dumbshit with fake boobs and other fake GOP talking points: In the final three months of 2007, AIG lost over $5 billion. Under the terms of the bonus scheme, [...]

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