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...another stock which has traded in the pennies since the beginning of 2009, even though it was the premier insurance company in the world just four years ago. Shares short in AIG fell 3% during the most recent period to 278 million, against an average daily volume of 125 million shares. Eleven percent of the financial firm's float is now sold short. AIG's stock can more up or down 15% on any given day based on information about whether the government will have to add to its $13o billion commitment to the firm and news about its desperate...
...just a few weeks, nearly ten thousand students will rise en masse inside Michigan Stadium and join the ranks of the alumni of one of the nation's premier universities. They'll walk away from the University of Michigan with a top notch education, but also the distinction of possibly being one of the last graduating classes of a genuinely public institution...
...just $5,000 more in tuition, an out-of-state student could forgo Michigan for New York University, the nation's largest private school with nearly double the number of faculty. In recent years, international enrollments at American public universities has also dropped as more students turn to premier schools in Europe and Asia...
...disclosed Merrill's fourth quarter financial condition and if he was involved in paying Merrill executives bonuses that should not have been paid without Bank of America's consent. AIG (AIG) may be the example that best makes the case. As the company, which has been the world's premier insurance firm posted greater and greater losses on its derivative investments, the board pushed out Martin Sullivan in favor of Robert Willumstad in June 2008. Willumstad was clearly at least partially responsible for the trouble at AIG since he was the non-executive chairman before being made CEO. He made...
Sarkozy also suggested that Italian premier Silvio Berlusconi's multiple elections wins is proof of his greatness. "What is important in democracy is to be re-elected," Libération cited Sarkozy as saying, a phrase unlikely to join "fraternité, égalité et liberté" as a description of French democratic ideals...