To better understand the issues behind AIG’s financial crisis and the benefits of the recently announced plans to restructure, I refer readers to these articles and documents:
NY Times The Case for Saving AIG March 2, 2009, Andrew Ross Sorkin
NY Times Propping Up a House of Cards Feb. 28, 2009 Joe Nocera
AIG Restructuring News Release March 2, 2009
AIG AIU Holdings Keypoints March 2, 2009
According to Javelin’s 2020 Identify Fraud Study, Americans lost $16.9 billion due to identity fraud. Concerned? Consumer research conducted by Chubb reveals that while the majority of Americans are concerned about being impacted by a cyber breach, only a small percentage are actually taking the right steps to protect themselves and their families. What are the right […]
If you think I’m being an alarmist, I get it. Meanwhile, I just finished one of the most alarming articles I’ve ever read. In my lifetime. The title: “I’m a 37-Year-Old Mom & I Spent Seven Days Online as an 11-Year-Old Girl. Here’s What I Learned.” ONLY read this article if you require VERY graphic […]
Probably because I was in New York City on Sept 12, 2001 and not the day before , my most vivid memories of the terror attacks of 9/11/2001 are actually the result of my experiences the following day. This is not just my convenient memory; my recollections are indelible and many. On September 12, EVERYONE was […]
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I saw Andrew Sorkin on Charlie Rose last night. I think he is weening himself off being a Wall St apologist as he too has come to realize the bankers’ folly (presumptuousness) in fighting attempts to regulate the industry so the crisis of 2008 doesn’t happen again. In case you are interested, I have just posted a piece based on his discussion.