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AIG execs' retreat after bailout angers lawmakers - Seattle Post Intelligencer
Former CEO of AIG Martin Sullivan, center, waits to testify later today before the House Oversight and Government Reform Committee on Capitol Hill in Washington, Tuesday, Oct. 7, 2008, as lawmakers probe the role of insurance giant AIG in the ...

Far more was paid to friends of DiMasi - Boston Globe
Three of House Speaker Salvatore F. DiMasi's closest friends and business associates received more than $1.8 million in previously undisclosed payments from a computer software company and its sales agent, according to the state inspector general, in ...

Congress scolds former AIG executives over crisis - Kansas City Star
Rep. Dennis Kucinich, D-Ohio, holds up the Wall Street Journal as he questions former CEO's of AIG Robert Willumstad and Martin Sullivan before the House Oversight and Government Reform Committee on Capitol Hill in Washington, Tuesday, Oct. 7, 2008 ...

Greenberg May Blame Sullivan for AIG Downfall in U.S. Testimony - Bloomberg
Oct. 7 (Bloomberg) -- Maurice ``Hank'' Greenberg , former chief executive officer of American International Group Inc ., may submit testimony that his successors' actions led to record losses that forced the insurer into an $85 billion U.S. bailout ...

AIG former execs draw fire from US lawmakers - Forbes
United States - (Recasts with further testimony from Sullivan, Willumstad) By Kim Dixon and Rachelle Younglai WASHINGTON (Reuters) - Lawmakers criticized American International Group Inc (nyse: AIG - news - people ) Tuesday for lavish ...

Ex-AIG brass tries to shift blame - CNN Money
NEW YORK (Fortune) -- Two former CEOs of AIG tried to make the case at a Congressional hearing Tuesday that the downfall of the giant insurer and financial services firm wasn't their fault, but rather that of external forces, including an accounting ...

Insurance giant AIG's role in market crisis probed - San Diego Union-Tribune
WASHINGTON – Former top executives of insurance giant American International Group Inc. were on the receiving end of a verbal smackdown Tuesday as a congressional panel probed the chain of events that forced the government to bail out the ...

Insurance giant's role in US market crisis probed - International Herald Tribune
WASHINGTON : Former top executives of insurance giant American International Group Inc. were on the receiving end of a verbal smackdown Tuesday as a U.S. congressional panel probed the chain of events that forced the government to bail out the ...

Oct 05 - Oct 11 (306) - Andrewsullivan.theatlantic.com
As for the educated class, that's an interesting question. Much like with the conservative wing's mistrust of Hispanics, it's a policy that might have seemed electorally wise a couple years ago but is growing more questionable with every passing ...

Congress scolds former executives of American International Group over ... - Minneapolis Star Tribune
Those rules existed before AIG took most of its positions in the default SWAP market after the implementation of mark to market accounting. … read more They knew or clearly should have known what would happen if the market price of the underlying ...

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Today's Mortgage Terms starting with V

  • VA Loans: Fixed-rate loans guaranteed by the U.S. Department of Veterans Affairs for the purpose of making housing affordable to eligible U.S. veterans.
  • Variable Rate: Interest rate that changes periodically in relation to a specific index such as treasury bills and the prime rate.
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