Tag: aig

 

AIG Bonuses: “The Putinization of the American economy”

Published on March 19, 2009

What exactly was the point of the well-directed public outrage about AIG bonuses… considering Congress, Treasury and White House were complicit in their approval? We received the answer today as Congress rushed through a punitive taxation bill…
by J. Christoph Amberger
Baltimore—TFN: Democratic leaders rushed a bill to the Congress floor that would retroacively levy a 90% [...]

Count Chocula feels the pain from increased inflation

Published on March 18, 2009

While Washington argues about corporate bonuses and 100% taxes, there is a real threat facing Americans. Today’s CPI report shows inflation is climbing far faster than many experts expected. Take this opportunity to prepare for the threat before it does permanent damage.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): There are few economists that do not [...]

Politics worth crying about

Published on March 16, 2009

The world of politics is rich with entertainment these days. The financial markets hate politicians, but when the world’s leaders get this active, it is impossible not to track their action.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): It is business as usual in the world of politics. There are three topics worth laughing at, worrying about [...]

Don’t trust the Dow. It’s a liar

Published on February 19, 2009

Almost all casual investors trust the Dow Jones Industrial Average to tell the truth. Unfortunately, it has been lying to them for a long time. It is only going to get worse.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): You cannot trust anybody on Wall Street these days, not even the Dow Jones index. The magical [...]

The best index to watch in 2009

Published on January 9, 2009

Nasdaq has given investors the transparency the Treasury refused. The creation of the Government Relief Index allows investors to track all of Uncle Sam’s biggest bailouts. So far, you should be disapointed.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): The federal government is giving away trillions in taxpayer dollars. Every night, the evening news runs stories [...]

Is it the end or just the beginning?

Published on December 31, 2008

We have reached the end of a tumultuous year. Unfortunately, a change in the date does not spell relief for the credit markets. Investors could start the New Year with a nasty hangover.

By Andrew Snyder, TodaysFinancialNews.com
Baltimore—(TFN): We have finally made it to the last trading day of 2008. Unfortunately, there are absolutely no signs that [...]

Paulson’s TARP revision spooks the market

Published on November 12, 2008

The markets are spooked today. An update from Henry Paulson did not help the situation. Investors are scared the economy is turning sour quicker than they anticipated. Fortunately, there are some opportunities out there.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): The markets are deep in negative territory again today and investors are not too happy with [...]

Need more money? Just ask…

Published on November 10, 2008

Washington is putting more and more taxpayer money on the line. Are we merely feeding a dangerous addiction or will this be the solution we need to avoid a long-term recession? A look at AIG (NYSE:AIG) will give us some answers.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): What if I were to ask you [...]

Hershey (HSY): Kisses sweeten the recession

Published on October 8, 2008

While the rest of the world has been growing more bitter by the day, The Hershey Company (HSY) has been gaining back a little of its sweetness. Unlike the rest of the market, HSY may have already seen its bottom and be one the way back up. Should you buy?
by Stephanie Grimmett
Baltimore — (TFN):  [...]

ETFs: The real reason for the Fed’s AIG bailout

Published on September 17, 2008

“We can’t say we’re surprised. While workers at Lehman might feel somewhat aggrieved, it seems the Fed decided that AIG really was too big to fail.” — John Stepek
Blogger’s note: So why would the Fed bailout AIG after leaving Lehman Brothers hanging only days earlier? The real reason, according to John Stepek of the [...]