After Bailout, AIG Executives Head to Resort
UPDATED: 11:31 a.m.
Less than a week after the federal government offered an $85 billion bailout to insurance giant AIG, the company held a week-long retreat for its executives at the luxury St. Regis Resort in Monarch Beach, Calif., running up a tab of $440,000, Rep. Henry Waxman (D-Calif.) said today at the the opening of a House committee hearing about the near-failure of the insurance giant.
October 7, 2008, 12:48 pm
On the Theory That Punching Dick Fuld Will Help Solve the Credit Crisis
(There is a lovely memo floating around the Internet, written by Henry Paulson when he was chief executive of Goldman Sachs, in which he says that Goldman’s chief regulatory priority is to get the S.E.C. to loosen up debt ratios for the big investment banks.)
From Google finance
http://finance.google.com/finance
oldster