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These are the most recent diaries filed under this tag:
[Diarist’s Note: Naked Capitalism Publisher Yves Smith has provided written authorization to the diarist to reproduce her blog’s post in its entirety to the Daily Kos community.] [http://www....
by bobswern
Comment Count 21 comments on Tue Oct 07, 2014 at 05:33 AM PDT with 24 Recommends
[Diarist’s Note: Naked Capitalism Publisher Yves Smith has provided written authorization to the diarist to reproduce her blog’s post in its entirety for the benefit of the Daily Kos community.]
by bobswern
Comment Count 33 comments on Tue Oct 07, 2014 at 04:38 AM PDT with 77 Recommends
Monday, and throughout the week, in a case being heard by U.S. Court of Federal Claims Judge Thomas Wheeler, in Washington D.C. [See: [http://www.nytimes.com/interactive/2014/09/24/business/dealbook/...
by bobswern
Comment Count 80 comments on Tue Oct 07, 2014 at 03:55 AM PDT with 132 Recommends
Emboldened by the basic fact that--other than a few billion dollars in fines and zero jail time--Wall Street's "Masters Of The Universe" have gotten away with nothing short of [http://www.dailykos....
by bobswern
Comment Count 83 comments on Tue Sep 24, 2013 at 10:26 PM PDT with 224 Recommends
If you’ve been following recent developments in the AIG (American International Group) story, or even if you’ve just been watching a fair amount of television in the past week, you may have seen ...
by bobswern
Comment Count 205 comments on Mon Jan 07, 2013 at 10:30 PM PST with 211 Recommends
[http://en.wikipedia.org/wiki/Bob_Benmosche Robert Benmosche], the CEO of AIG--a company that has received over $180 billion in federal bailouts and is still 62% owned by U.S. taxpayers—has gone ...
by bobswern
Comment Count 155 comments on Mon Jun 04, 2012 at 02:00 PM PDT with 156 Recommends
The former CEO of American International Group Maurice Greenberg, is suing the U.S. government for $25 billion to cover the drop of HIS A.I.G. stock during the bailout of A.I.G. that cost taxpayers $...
by Lefty Coaster
Comment Count 42 comments on Mon Nov 21, 2011 at 09:22 PM PST with 72 Recommends
This is one of those posts where--due to the profound nature of the words of others--anything I would have to add to the story is a waste of time. So, it's ironic that I think this may just be the ...
by bobswern
Comment Count 65 comments on Tue Mar 08, 2011 at 12:58 AM PST with 150 Recommends
Tomorrow morning should prove to be a very interesting milestone in the history of this country's Great Recession. We're told that's when the [http://en.wikipedia.org/wiki/...
by bobswern
Comment Count 36 comments on Wed Jan 26, 2011 at 02:37 PM PST with 48 Recommends
If you've been following the AIG-Goldman Sachs travesty over the past 20+ months, then you know it's already on the top-10 list of "Greatest Conflicts of Interest of All Time." Indeed, IMHO, ...
by bobswern
Comment Count 24 comments on Thu Jul 01, 2010 at 07:59 AM PDT with 54 Recommends
This morning's Wall Street Journal reports that several executives at AIG won't be criminally prosecuted .
by Christian Dem in NC
Comment Count 9 comments on Sat May 22, 2010 at 08:26 AM PDT with 7 Recommends
A feature story on TARP Special Inspector General (SIGTARP) Neil Barofsky, running late tonight via Bloomberg, and also appearing on SFGate.com, indicates and/or infers that the SIGTARP's office is ...
by bobswern
Comment Count 300 comments on Wed Apr 28, 2010 at 12:35 AM PDT with 290 Recommends
(NOTE: Diarist has been granted blanket permission by Naked Capitalism Publisher Yves Smith to reprint her blog's diaries in their entirety.) [http://www.nakedcapitalism.com/2010/04/sec-...
by bobswern
Comment Count 285 comments on Fri Apr 16, 2010 at 09:57 AM PDT with 432 Recommends
In the latest of many recent, strange turns regarding the Greek sovereign debt crisis (and for that matter, any sovereign economic crisis where Goldman Sachs was a major player in ...
by bobswern
Comment Count 171 comments on Sun Feb 21, 2010 at 03:05 AM PST with 166 Recommends
(The following comments and conclusions reflect my personal opinions as well as the reports and comments of others, including notes on breaking news events.) This brief diary is based upon ...
by bobswern
Comment Count 21 comments on Wed Jan 27, 2010 at 08:10 AM PST with 22 Recommends
U.S. bailout watchdog Neil Barofsky has announced today that he's opening two new investigations into the NY Federal Reserve-AIG-Goldman Sachs' bailout mess: "[http://news.yahoo.com/s/nm/20100126/...
by bobswern
Comment Count 38 comments on Tue Jan 26, 2010 at 10:53 AM PST with 43 Recommends
This Reuters epiphany (see headline of this diary and blockquote, below) is the part of "the Wall Street bailout story" where the documentation clearly demonstrates that the status quo conflated--...
by bobswern
Comment Count 48 comments on Mon Jan 25, 2010 at 06:50 AM PST with 40 Recommends
UPDATE: "[http://www.bloomberg.com/apps/news?pid=20601087&sid=a7nN0Ki4q15w&pos=4 New York Fed Faces House Subpoena Over AIG Bailout (Update2)]" New York Fed Faces ...
by bobswern
Comment Count 170 comments on Tue Jan 12, 2010 at 09:19 AM PST with 214 Recommends
Back in March, word got out that AIG's financial products division--the very division that nearly brought the economy to its knees last year--was getting $165 million in bonuses. They later agreed ...
by Christian Dem in NC
Comment Count 6 comments on Wed Dec 23, 2009 at 02:58 PM PST with 8 Recommends
Three new/breaking stories ( i. GDP was revised downward, massively; ii. new facts coming to the fore on the Goldman/AIG bailout; and iii. virtually every damn ...
by bobswern
Comment Count 16 comments on Tue Nov 24, 2009 at 11:29 AM PST with 31 Recommends