PORTAL Finance Blog

Category Archives: AIG

Fannie & Freddie – Just passed the point of no return

I’ll make it short and sweet this time.  Hooray, the U.S. government collected its dividends from Fannie and Freddie.  Generally speaking, collecting a dividend is viewed as a great event in the investment world.  In this instance, this dividend is … Continue reading →

November 17, 2010 at 2:03 pm | AIG, Fannie Mae, Investing, Real Estate

AIG – The Post-Mortem?

Linked here is an article just the way I like them:  straight to the point and simple to understand.  In my opinion, the author, Mr. Sorkin, presents some very compelling points.  I concur with Mr. Sorkin.  I respectfully, don’t concur, … Continue reading →

October 6, 2010 at 1:41 am | AIG, Investing, Real Estate, TARP

The Problem Children: Fannie Mae and Freddie Mac

Have you ever read an article and hoped that the math that they were using was wrong?  I just had that experience on Saturday while reading an article about Fannie Mae and Freddie Mac.  You didn’t forget about them did … Continue reading →

June 22, 2010 at 9:55 pm | AIG, Automotive, Chrysler, Fannie Mae, Federal Reserve Bank, Financial, GM, Investing, Real Estate

No new taxes….

I thought that one of President Obama’s campaign promises was no new taxes.  Judging by the looks of the new budget for 2010, this promise is going out the window.  In all fairness, there is a whole lot going on … Continue reading →

February 2, 2010 at 2:00 am | AIG, Investing

The more things change….

…the more they stay the same.  Case in point, Fed Chairman Bernanke vs. Treasury Secretary Geithner.  Mr. Bernanke endured various barbs recently in the press.  Some questioned his decision-making; while others questioned whether he would be confirmed for a second … Continue reading →

January 30, 2010 at 2:13 am | AIG, Goldman Sachs, Investing, Real Estate, TARP

Changing Times

I am reflecting on changes that are happening now; that were all but unthinkable one year ago: (1)  Scott Brown is elected in Massachusetts.  The press has covered this one ad nauseam.  Hopefully, it serves as a wake-up call to … Continue reading →

January 24, 2010 at 8:57 pm | AIG, Federal Reserve Bank, Financial, Investing

Taxing Banks….Why?

President Obama announced with great fanfare his intention to impose a tax on banks for the purpose of recovering lost TARP money.  Apparently, banks that did not accept TARP money will be subject to this levy as well.  A new … Continue reading →

January 16, 2010 at 6:28 pm | AIG, Investing, Real Estate, TARP

Transparency and Visibility……the saga continues

Last week, I blogged about the breaking news that U.S. Representative Darrell Issa from California somehow obtained email messages between AIG and The Federal Reserve Bank of New York.  In these email messages, AIG was trying to follow the laws … Continue reading →

January 14, 2010 at 7:42 pm | AIG, Federal Reserve Bank, Financial, Investing

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