Michael Lewis on how A.I.G. and the insider view, beats up Joe Cossano. Also talks about how Goldman got away with their 100 cents on the dollar, which ...
From Zero Hedge: AIG, knowing it would need to ask for much more capital from the Treasury imminently, decided to throw in the towel, and gifted major bank ...
News from around the world: Bernie Madoff cons folks like Nomura and BNP Paribas (allegedly) and many more, of $50 billion. That’s a lot for a Ponzi ...