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Another AIG update

Posted on September 9, 2009. Filed under: Financial MarketsGlobalTARPUS | Tags: ,Edit This

As the world’s largest Aircraft Lessor, ILFC is still in play with a mountain of debt which was $17 billion even 12 months ago. ILFC and General Electric Co.’s GE Commercial Aviation Services, the world’s largest aircraft-leasing firms, are the biggest customers for aircraft makers including Airbus SAS and Boeing Co. ILFC, founded 36 years […]

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Gaining market share in Life Insurance

Posted on August 25, 2009. Filed under: Financial MarketsMeltdownObamanomics | Tags: ,Edit This

The New York Life Insurance Company, 9th till last year, jumped to No. 2 in market share behind Metlife with a near 6% market share in Life taking a leaf out of the book of the World’s best. AIG dropped just 4 places in the whole melee of the stimulus and this continuing depression. New […]

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AIG’s Taiwan Life Unit

Posted on August 18, 2009. Filed under: Financial MarketsGDOWGlobalInvestmentsObamanomics,TARPUS | Tags: ,Edit This

zyakaira notes: The Taiwan Life unit: The recent laundry list of asset sales planned by AIG see here continues to find conflict of interest in almost each of its deals, as AIG remains the buck stopper of the entire industry’s claims good or bad..
Bloomberg reports that Morgan Stanley’s (NYSE:MS) private equity fund pulled out […]

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AIG sells fast to make $80b

Posted on August 17, 2009. Filed under: Bank StocksInfrastructureInvestmentsUS | Tags: ,,Edit This

AIG is in quite a turn having to sell most of its profitable Asian and other International Insurance and Investment Management Businesses ( also see here)
While it announced the division of its businesses into AIA + Alico in Life in Asia, Chartis for Property & Casualty and the Domestic US insurer, it has not gone […]

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AIG results update

Posted on August 7, 2009. Filed under: Financial MarketsGDOWTARPUS | Tags: ,Edit This

AIG will soon be a domestic insurer if the planned three way split comes through to let the company return Federal funds as it has already spun off its International insurer AIA. In related news, all top four investment bankers are involved in this break up and sale of AIG. The current scrip (closing at […]

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Tweets from the Market – July 24, 2009

Posted on July 24, 2009. Filed under: Bank StocksFinancial MarketsGlobalReal EstateUS | Tags:,Edit This

Do remember to validate picks at $AMZN is down 8% as we speak
Facebook at 77 million visitors, Amazon 64 m, Craigslist at 47 m, WordPress at 26m and Twitter at 20m compared to Goog at 157m in June09
about 2 hours ago from TweetDeck
So $AMZN makes $1.75 bn per month from 64 million visitors
5 minutes […]

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Dems want higher tax on wealthy for health care – MarketWatch

Posted on July 13, 2009. Filed under: HealthcareObamanomics | Tags: ,Edit This

WASHINGTON (MarketWatch) — House Democrats intend to pay for their health-care reform plan with higher taxes on wealthy Americans.
A tax on the wealthy is the “best way” to raise money for the overhaul, Rep. Charles Rangel, the New York Democrat who is chairman of the House Ways and Means Committee, told reporters late Friday.
The House […]

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AIG $180 b down the tube | Reuters

Posted on July 9, 2009. Filed under: Bank StocksFinancial MarketsInvestmentsMeltdownUS | Tags:Edit This

American International Group Inc AIG.N, the insurer rescued by a series of federal bailouts, may have zero equity value due to the risk of more credit default swap losses and the disposal of key assets at low valuations, Citigroup said.Shares of the company fell 22 percent to $10.22 in early trade Thursday on the New […]

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