$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. Continue reading

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Charlie’s Wisdom

I recently finished reading this outstanding classic book “Poor Charlie’s Almanack” from Charlie Munger. Continue reading

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BAC’s next May hearing

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

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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. Continue reading

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Data of future economic trend

In my opinion, there are six immediate proxies to indicate the future economic trends, Continue reading

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Excellent Q2-10Q from AIG

The financial outcomes from AIG Q2-10Q are outstanding, and here are the highlights that I found,

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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, Continue reading

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The inside story of 2008 ~2009 global financial crisis

History is philosophy teaching by examples. PBS FRONTLINE  Continue reading

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Ten best things that I learned from this little book of behavioral finance

I just finished reading this marvelous book “The Little book of Bahavioral Investing” by James Montier, it is a great book on investment psychology and decision-making. Continue reading

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Big news: AIG bailout funds fully repaid

Here is a really big news today on AIG,

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