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AIG went from a market capitalization of more than $200 billion to a public float of about $1 billion, representing little more than the option value of a speculative bet on the company's future. The sum of AIG's lost market value and its bailout fund is almost half the value of the recently passed national stimulus package. Has the government really made the case that failure to satisfy AIG's counterparties would result in greater societal harm than spending $170 billion on what were private obligations?
March 23, 2009 at 12:00 AM
1 minute read
Presented by BigVoodoo
The National Law Journal Elite Trial Lawyers recognizes U.S.-based law firms performing exemplary work on behalf of plaintiffs.
The premier educational and networking event for employee benefits brokers and agents.
The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania and Delaware.
Atlanta s John Marshall Law School is seeking to hire one or more full-time, visiting Legal WritingInstructors to teach Legal Research, Anal...
Shipman is seeking an associate to join our Labor & Employment practice in our Hartford, New Haven, or Stamford office. Candidates shou...
Evergreen Trading is a media investment firm headquartered in NYC. We help brands achieve their goals by leveraging their unwanted assets to...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS