Category Archives: Comments on News

$18+ Bil AIG common stock for sale!!

Here is a great mega news for AIG!!!! The US Treasury states that it will sell $18B worth of AIG common stocks and it will also sell $2.7 bil common stock to cover possible over-allotments.

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BAC’s next May hearing

Remember the BAC’s $8.5 billion mortgage-bond settlement? According to Bloomberg,

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AIG ends Fed Maiden Lane chapter

I have followed on this for over a year, now finally Fed sold the last piece of ML III securities. This is a big landmark on Fed’s bail-out of AIG.

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ML III Sale is almost done

Maiden Lane III sale is down to the wire now. According to the NY Fed web site,

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Big news: AIG bailout funds fully repaid

Here is a really big news today on AIG,

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Good and bad news

Here are a few relevant good and bad news,

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Two big wins for BAC

Remember this eye-popping news in Sept, 2011 “$50 Billion Claim of Havoc Looms for Bank of America” over a lawsuit arising from its troubled Merrill Lynch acquisition?

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A closer look at Earnings of Bank of America 1Q12 report

BAC released its 1Q12 financial report on 04/19. Here are its earnings: Net Income of $653 million, or $0.03 Per Diluted Share…

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Wells Fargo’s valuation on AIG

Wells Forgo recently upgraded the stock valuation AIG,

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Employment Data

Lots of headlines are highlighting the depressing news of jobs,

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