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Fed nears a deal to take over ailing AIG
Tue Sep 16, 2008
I wish the Fed demanded as part of the loan agreement that every Officer and BoD member from AIG had to kick in their personal net worth accumulated while driving AIG into the ground. Let's start with Hank Greenberg!
Mortgage giants were blind to housing risks
Sat Sep 6, 2008
This whole mortgage mess is just mind-blowing. My wife and I would watch re-modeling shows on networks such as HGTV and would sit there in bewilderment on the home prices for CA homes the size of shoe boxes. What got me was the type of people who would be in the market for these homes.
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Fed nears a deal to take over ailing AIG
Mortgage giants were blind to housing risks