The Daily Muck
Posted in Main Blog (All Posts) on March 29th, 2009 4:35 am by HL
The Daily Muck
Among the hullabaloo surrounding the AIG retention bonus scandal, one thing is certain: speaking before Connecticut lawmakers Thursday, AIGFP exec Stephen Blake did not bend to public opinion. Blake defended the insurance company’s $165 million in retention bonuses which have…
Bob Dole: Bank Nationalizer Sheila Bair Putting The”Compassion” Back In Conservativism
One of the great ironies of this financial crisis (and there are lots) is that the only financial regulator remotely capable of inspiring confidence in anyone is a Republican Bush appointee who’s gone largely ignored by the White House since…
Looks Like AIG’s Chief Risk Officer Still Has A Job!
It seems safe to say that if your job at AIG was to ensure that the company was managing its credit risks effectively, you failed. Which is why it’s interesting that the man who has had that post since at…