The Sunshine Report

Category Archive: AIG

1. AIG’s Mistakes!!!" rel="bookmark">Credit Default Swaps Are Good For Whom? Not Taxpayers Who Are Paying For AIG’s Mistakes!!!

   6 Post on March 3, 2009

   After today’s AIG news I am amazed that the Obama Admin­is­tra­tion hasn’t announced an imme­di­ate sus­pen­sion of the sale of new credit default swaps. Per­haps it will take a total melt­down of the finan­cial sys­tem for the gov­ern­ment to finally admit that War­ren Buf­fet was right, credit default swaps are weapons of finan­cial mass destruc­tion. […] [read full story]

   Posted in: AIG, Credit Default Swaps, Economic Statistics, economy, Finance

2. AIG Training Manual" rel="bookmark">Credit Default Swap Math As Explained In The AIG Training Manual

   4 Post on March 2, 2009

   I just found the secret to under­stand­ing AIG’s finan­cials.  Just watch the video below.  Is is a MUST for Trea­sury Offi­cials so that they can fig­ure out why we are putting so much money in AIG.    [flv:mtm.flv 325 255]       [read full story]

   Posted in: AIG, Credit Crisis, Credit Default Swaps, economy, Finance, Politics, Public Policy

3. Are We There Yet? No Way! (And How to Know When We Are There)

   1 Post on September 16, 2008

   Given the events of the past few days it is once again time to exam­ine the immor­tal ques­tion posed by chil­dren and traders alike, “are we there yet”? Nope, not yet, we aren’t there yet, not even close. The bot­tom hasn’t been found in the credit mar­kets or the stock mar­ket and, unfor­tu­nately, we still have […] [read full story]

   Posted in: AIG, BANKS, Credit Crisis, Economic Statistics, economy, Fannie Mae, Federal Reserve, Finance, FOX BUSINESS NETWORK, Freddie Mac, Lehman, Seeking Alpha, Stock Market