Word: somes
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Back in late 2008, though, even at the height of the financial crisis, BlackRock believed AIG could have struck deals with the big banks that would have saved the company money. At issue were the credit-default swaps - essentially bond insurance that would pay out if borrowers didn't - that...
"The idea that you had to come to some unified settlement with all of the banks was ridiculous," says Thomas Adams, a lawyer at Paykin Krieg and Adams, LLP, and a former managing director at bond insurer FGIC. "But that seems to be the working logic at the Federal Reserve...
What's more, the deals the banks wanted to strike with AIG would have involved the insurer and the government giving up their right to reclaim the underlying bonds. Some have argued that would have led to a worse deal for AIG. Instead, the Federal Reserve decided to give AIG...
As a result of his experience, Canales started a nonprofit group called Gridiron Heroes to lend crucial support to other families experiencing the same horror with their sons that he had gone through. Some of the support is financial, but more of it is emotional, and Chris, who through relentless...
As Federal Reserve Chairman Ben S. Bernanke ’75 faces a challenging reconfirmation battle in the U.S. Senate, he has garnered lukewarm support from some Harvard economists.