AIG – Shamskm: A site to exchange knowledge and solutions

Public Firms Weathered Recession Better Than Expected

By Guest PostJune 19, 2011EconomyAIG, bank, bank losses from toxic assets, credit supply, financial crisis, kathy kahle, lehman brothers, neiman marcus, ohio state university, operation of the credit channel, professor of finance, rené m stulz, smaller firms, subprime mortgages, university of arizona

The prevailing narrative of the financial crisis revolves around banks’ reduced ability to issue loans, but a new paper by University of Arizona associate professor of finance Kathy Kahle reveals that the credit supply shock did not affect publicly traded firms as much as expected.

Bank losses from toxic assets were responsible for the credit contraction, but those toxic assets – mostly mortgage-backed securities – are not directly related to the performance of industrial firms. (more…)

The Horrific Derivatives Bubble That Could One Day Destroy The Entire World Financial System

By Guest PostAugust 9, 20101 commentEconomyAIG, city of london, congress, credit default swaps, derivatives, derivatives bubble, financial instruments, french president, global economy, jacques chirac, quadrillion, taxpayer, tsunami, u s economy, Wall Street, Warren Buffet, world financial system

Today there is a horrific derivatives bubble that threatens to destroy not only the U.S. economy but the entire world financial system as well, but unfortunately the vast majority of people do not understand it. When you say the word “derivatives” to most Americans, they have no idea what you are talking about. In fact, even most members of the U.S. Congress don’t really seem to understand them. But you don’t have to get into all the technicalities to understand the bigger picture.

(more…)

The greatest fun of our time

By ShamsMarch 21, 2009Culture, EconomyAIG, American international group

Some months before U.S Government injected 170 billion dollars to keep AIG, American International Group, running healthy.

(more…)

Tag Archives: AIG

Public Firms Weathered Recession Better Than Expected

The Horrific Derivatives Bubble That Could One Day Destroy The Entire World Financial System

The greatest fun of our time