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why did aig pay $49.5b to financial institutions? 

By Gretchen Morgenson

The New York Times

Every day, insurance companies sell policies to home-owners to cover the cost...

Takeover looms for mortgage giants 

The government's planned takeover of Fannie Mae and Freddie Mac, expected to be announced as early as today, came together hurriedly after advisers...

Borrowers in foreclosure hit with dubious fees 

As record numbers of homeowners default on their mortgages, questionable practices among lenders are coming to light in bankruptcy courts, leading...

AIG does its backdoor deals offshore.(American International Group Inc. (AIG))(Brief Article) 

Apr 07, 2005 (The Sydney Morning Herald - ABIX via COMTEX) The New York Attorney-General's office in the US has uncovered secret deals made by...

Dispelling the stock option myth 

NEW YORK -- Investors' hard-earned money is not the only thing that has been lost since the technology stock bubble went pfft. Also gone is the...

Regulators are waking up to conflicts 

Last week, the New York attorney general joined the crowd scrutinizing conflicts of interest among Wall Street analysts. The Securities and...

Stock bonanza becomes financial abyss for some workers paid with 

During the 1990s, Seattle echoed with tales of Microsoft millionaires, ordinary workers who became wealthy from stock options the company had...

What goes around.... Stock bonanza becomes financial abyss for some 

During the 1990s, Seattle echoed with tales of Microsoft millionaires, ordinary workers who became wealthy from stock options the company had...

A voice that says a rate cut is not the cure for all ailments 

NEW YORK -- Since the Federal Reserve Board cut interest rates last Wednesday, le tout Wall Street has risen up like a chorus, saying that stocks...

Missing the mark in 2000, stocks look for a steadying hand ahead 

Wearied by a market gone haywire, investors were greatly relieved in December when Alan Greenspan went on full alert, at the ready to cut interest...