Posts Tagged ‘aig’

DJIA OUTLOOK FOR OCT. 20 – 24, 2008

Monday, October 20, 2008 7:28 No Comments

Recapping the highlights of the previous week:

Top executives at American International Group Inc (NYSE: AIG) knew of potential problems in credit default swaps, long before questions about the risky transactions caused its stock to plunge. Oh no! Caught red-handed!
Cisco Systems (Nasdaq: CSCO) won’t cutback despite [...]

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US Financials: No Pain, No Gain?

Friday, September 26, 2008 7:32 No Comments

We all know by now what is going in the US financial market. As traders, we should keep our eye out on the effects of the recent bailouts of Lehman Brothers and AIG on the market. Looking forward, where are the markets headed?
We all know that equity and assets of these companies are leveraged many [...]

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