Posted by: bhartzer on: May 22, 2009
With Edward Liddy’s announcement late yesterday that he will step down as the interim CEO of AIG as soon as a successor is found, the question on everybody’s mind is, “Who, in his/her right mind, would actually take the helm of the insurance giant that is still struggling to survive after its near collapse just [...]
Posted by: bhartzer on: May 4, 2009
It’s the bailouts versus the monopolies! “The Worst Company in America,” the annual 32-company battle royale from The Consumerist (www.consumerist.com) has whittled itself down to the “final four”: Bank of America, Comcast, Ticketmaster and AIG. One of these disastrous companies will go on to join Halliburton (2006), RIAA (2007) and Countrywide (2008) as “The Worst [...]
Posted by: bhartzer on: March 19, 2009
While the nation’s attention turns toward the executive bonuses at failing insurer AIG, President Obama introduced measures this week intended to reignite small business hiring through tax breaks, increased access to credit and reduced loan fees.
Tight credit markets have severely cut into small business growth. The latest data from the Bureau of [...]
