AIG Tries to Sell ‘Collateralized Death Obligations’
Securitization of life settlements raises ethics, fraud concerns among critics.
First AIG Bond Sale Brings $2 Billion
Wednesday brought American International Group (AIG) one step closer to paying off its debt to the federal government after a bond sale that brought in $2 billion.
AIG Posts $2.7 Billion Loss on Restructuring Charges
American International Group reported a net loss of $2.7 billion for the second quarter of 2010, or $-3.96 per share, compared to net income of $1.8 billion, or $2.30 per share in the second quarter of 2009.
Can You Trust Your Insurance Company?
Whenever annuity expert Moshe Milevsky headlines client appreciation events these days, one overarching concern inevitably bubbles up: the solvency of life insurance companies. "It's credit risk,...
A SILVER LINING
There are times when--even for the highest-net-worth clients--wealth transfer becomes secondary to the issue of wealth preservation. Clearly, this is one of those times! The...
AIG Advisors: What's Next?
In early October, American International Group said it would "refocus the company on its core property and casualty insurance businesses, generate sufficient liquidity to repay...
Government Nationalizes AIG; Fed Leaves Rates Unchanged
The Federal government essentially nationalized the American International Group, the world's largest insurer, on Tuesday night, Sep. 16, via an announcement by the Federal Reserve that it, with the support of the Treasury Dept., would make a secured, $85 billion two-year loan to AIG so it could sell some of...
Broker/dealer resource guide 2007
Click here to download featured Broker/Dealer profiles from the July 2007 issue of Boomer Market Advisor . Advantage Capital Corp. Atlanta, Ga. 800-235-2237 www.joinacc.com Years in business: 60 Number of producers:...
Quality Flight Gains Height
Dividends are back in vogue in a big way. Wall Street observers point to several factors contributing to this 180-degree shift -- Baby Boomers facing...
Treating Reps as Friends
This being my first time in Atlanta, I'm at the mercy of my host as far as lunch is concerned. Fortunately, Joby Gruber is a...