Word: coversation
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Dates: during 2000-2009
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See pictures of TIME's Wall Street covers
The plethora of legally questionable bills caps a messy week of finger pointing as all of Washington tries to harness public anger, score political points and figure out how AIG managed to grant the bonuses even after all the legislation Congress has passed to limit compensation to executives of the...
At least it's better than Bacolicious, which covers everything in bacon. That just made me want to eat my computer.
AIG says it has written more than 81 million life-insurance policies, with a face value of $1.9 trillion. It covers roughly 180,000 small businesses and other corporate entities, which employ approximately 106 million people. That makes AIG America's largest life and health insurer; second largest in property...
Is the IMF number right? Probably not. When looking at a market as large as mortgage-backed securities, once the magnitude becomes too great, it is impossible to be precise to the last dime. But, the figure is almost certainly within a narrow range of the actual problem big banks...