Tag: insurance
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 [...]
Bottom Feeding in Real Estate
Published on August 7, 2008
“If you think we’ll have a thriving real estate market again (and it’s only a matter of time), mortgage companies and home builders would be good investments.” — Andrew Gordon
Blogger’s note: The real estate crash isn’t over yet. Mortgage companies and home builders may still have further to fall. But according to Andrew [...]