For American taxpayers, now on the hook for some $145 billion in housing losses connected to Fannie Mae and Freddie Mac loans, that amount could be just the tip of the iceberg.
miércoles, 30 de junio de 2010
miércoles, 3 de febrero de 2010
Financial Gamble How AIG Fell for a Sure Thing
Max Barry discusses risks and consequences and explains how the risk model of AIG recommended the company invest $400 billion of credit default swaps which forced the company into bankruptcy, caused financial devastation and forced a government bailout.
Source:
http://fora.tv/2009/07/15/Max_Barry_on_Risk#Financial_Gamble_The_Dangers_of_a_Sure_Thing
viernes, 8 de enero de 2010
New York Fed Told AIG to Limit Backdoor Bailout Disclosure
The Federal Reserve Bank of New York, then led by Timothy Geithner, told American International Group Inc. to withhold details from the public about the bailed-out insurers payments to banks during the depths of the financial crisis, e-mails between the company and its regulator show. ...
Source:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aXIvW4igKV38&pos=1
miércoles, 8 de octubre de 2008
$700 Billion Bailout LAW - YOU WERE ROBBED
Are we headed for an economic depression? Probably.
Here are the FACTS on the markets reaction to the bills progress; the mainstream media is (again) lying to you. Facts, figures and charts galore.
Oh, and what you must do next...
Get the low-down here:
http://it.youtube.com/watch?v=Zf2ijxsBcz0
