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...monstrosity that the stock market has made it out to be. It may cut its dividend or lose its precious credit rating. Its financial service businesses may post large loses. But, it should not trade like a money center bank that the federal government is about to nationalize...
...According to CNBC, AIG is about to post another huge loss. "Sources close to the company said the loss will be near $60 billion due to writedowns on a variety of assets including commercial real estate." The financial channel also reports that the need for capital may be so great that AIG might have to enter Chapter 11, something the government has spent over $130 billion trying to prevent. (See pictures of the Top 10 scared traders...
...Gharakhanian said he was aware of the ViddyHo.com worm because of a post on the tech gossip blog ValleyWag but said that, to his knowledge, Ton-That was not involved...
...Gharakhanian said he was aware of the ViddyHo.com worm because of a post on the tech gossip blog ValleyWag but said that, to his knowledge, Ton-That was not involved...
...legacy of the his presidency has been the New Deal liberalism of the post-war era—a legacy that clashed with the class interests of his former peers and Harvard faculty...