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Bearish bets on AIG surge after analyst warning
Published July 9, 2009, 10:00 pm, Khaleej Times
BANGALORE - Shares of American International Group Inc plummeted more than 27 percent on Thursday after a Citigroup analyst said the value of the troubled insurer’s equity may fall to zero, and investors stepped up their bearish bets.
(AFX UK Focus) 2009-07-09 22:02 UPDATE 4-Bearish bets on AIG surge after analyst warning
Published July 9, 2009, 2:24 pm, Interactive Investor
By Supantha Mukherjee
Primus Completes Transaction with CypressTree Investment Management
Published July 9, 2009, 1:01 pm, Business Wire via Yahoo! Finance
HAMILTON, Bermuda----Primus Asset Management, Inc., a wholly owned subsidiary of Primus Guaranty, Ltd. , today announced it has completed the acquisition of CypressTree Investment Management, LLP.
Analyst Says A.I.G.’s Equity May Vanish
Published July 9, 2009, 12:46 pm, New York Times
An analyst is warning American International Group ’s already beleaguered shareholders that they shouldn’t count on the wounded insurance giant having much equity left when — or even if — it gets through paying back the billions of dollars it took from the government last year.
(AFX UK Focus) 2009-07-09 19:19 UPDATE 3-AIG slumps after analyst warns of zero equity value
Published July 9, 2009, 11:53 am, Interactive Investor
By Supantha Mukherjee
AIG slumps after analyst warns of zero equity value
Published July 9, 2009, 11:04 am, Reuters via Yahoo! Philippines News
By Supantha Mukherjee
AIG slumps after analyst warns of zero equity value
Published July 9, 2009, 11:04 am, Washington Post
BANGALORE (Reuters) - Shares of American International Group Inc plummeted 22 percent on Thursday after a Citigroup analyst said the value of the troubled insurer's equity may fall to zero.
Iranian Clerics Diminished by Silence Over Protests
Published July 9, 2009, 10:57 am, Institute for War and Peace Reporting
Of the senior Shia figures who backed the opposition candidate ahead of the election, few spoke out afterwards when protesters cried foul.
"The Wreck of the Hesperus" and the Meltdown of the Global Monetary System
Published July 9, 2009, 10:51 am, GoldSeek.com
Yesterday I was unpacking my books from China, a chore that took a few hours. I came upon a wonderfully illustrated, hardbound edition of Henry Wadsworth Longfellow's " The Wreck of the Hesperus ." Unable to resist, I sat down and cracked it open – the copy is about 70 years old.
AIG may have zero equity value: Citigroup
Published July 9, 2009, 8:39 am, Business Insurance
NEW YORK (Reuters)—American International Group Inc., the insurer rescued by a series of federal bailouts, may have zero equity value due to the risk of more credit default swap losses and the disposal of key assets at low valuations, Citigroup said.
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