Word: doubledealing
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In a rare interview, former CEO Greenberg, who is suing AIG and being sued by the company over financial-management issues, tells TIME that once the company lost its top credit rating, AIG FP should have stopped writing swaps and hedged, or reinsured, its existing ones. But Cassano's unit...
The last long rally the market had ran from March of 2003, when the DJIA was 7,740 to almost 14,100 in October 2007. An investor in an index fund doubled his money and did even better if dividends were factored in. No one calls the long leg up...
The black adults who developed heart disease early had at least one of four risk factors - high blood pressure, being overweight, chronic kidney disease or low levels of "good" cholesterol (high-density cholesterol, or HDL). Blood pressure and heart risk rose in step: for each 10 mm increase in diastolic...
Insufficient boots on the ground, coupled with a lack of basic services such as electricity and water, high unemployment and a disenfranchised Sunni population that until recently was governed by members of the minority Kurdish population, made the city kindling for the insurgency. But things are changing. American troops in...
As the expat ranks swelled and foreigners put down roots, the city's tonier districts filled up. Prices for apartments in Western enclaves like Tanglin and Orchard doubled in value from 2004 to 2008 as buyers snapped them up. Waiting lists for coveted spots at international schools like the Singapore...