Banks lose $850 million AIG payday

Banks lose $850 million AIG payday

There are 1 comment on the Fortune story from Jun 2, 2010, titled Banks lose $850 million AIG payday. In it, Fortune reports that:

The collapse of AIG's deal to sell an Asian life insurance business to Prudential PLC of the United Kingdom isn't just a setback for taxpayers.

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“It's 420 here.”

Since: Jun 07

cold comfort farm

#1 Jun 2, 2010
The banks that are losing are the investment banks, who sought to have their charters changed so they could compete with traditional banks. Goldman, Morgan Stanley and the rest are still what they always were...ho's!

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