AIG Reduces Principal Balance on Revolving Credit Facility by Nearly $4 Billion
Image via Wikipedia NEW YORK (LoanSafe.org)–American International Group, Inc. (AIG) has applied nearly $4 billion received from International Lease Finance Corporation (ILFC) to the Federal Reserve...
View ArticleTreasury Provides Update on AIG Investment Valuations
WASHINGTON – (LoanSafe.org) – Following the completion of an initial public offering for AIA Group Limited (AIA) and the sale of American Life Insurance Company (ALICO) to MetLife, Inc., the … Read →
View ArticleAIG Reports $2.4 Billion Net Loss
Image via Wikipedia Attributable to AIG for the Third Quarter of 2010 Driven by Restructuring-Related Charges; Continuing Insurance Operating Income Remains Stable NEW YORK (LoanSafe.org) – American...
View ArticleThe Fed: Bear Stearns, JPMorgan Chase, and Maiden Lane LLC
Image via Wikipedia WASHINGTON D.C. (LoanSafe.org) – In March 2008, The Bear Stearns Companies, Inc. (Bear Stearns) was one of the largest securities firms in the country, with reported total … Read →
View ArticleNY Fed: Why Is the Market Share of Adjustable-Rate Mortgages So Low?
NEW YORK (Source: NY Fed – Authors: Emanuel Moench, James Vickery, and Diego Aragon) – Over the past several years, U.S. homebuyers have increasingly favored fixed-rate mortgages over adjustable-rate...
View ArticleMan Pleads Guilty to Stealing Proprietary Code from the Federal Reserve Bank...
(Source: FBI) - Preet Bharara, the United States Attorney for the Southern District of New York, announced that Bo Zhang, a computer programmer, pled guilty today to stealing proprietary software … Read →
View ArticleComputer Programmer Admits Guilty in New York Court for Immigration Fraud
(Source FBI) – Preet Bharara, the United States Attorney for the Southern District of New York, announced that Bo Zhang, a computer programmer, pled guilty today to stealing proprietary software … Read →
View ArticleSmall Business Loans Still Difficult
(Source: Brian Nearing Times Union, Albany, N.Y. (MCT) — Banks’ continued reluctance to lend money to small businesses remains a problem with the sputtering economy in New York, according to … Read →
View ArticleDebt Challenge Haunts National, State Economies
(Source: Rob Varnon Connecticut Post, Bridgeport (MCT) — Despite a national trend that saw Americans erase $53 billion in debt in the second quarter, Cepea Burton, a student with a … Read →
View ArticleTreasury: Data On Foreign Holdings Of United States Securities
(Source: Treasury) - WASHINGTON – Preliminary data from a survey of foreign portfolio holdings of U.S. securities at the end of June 2012 were released today on the Treasury website … Read →
View ArticleFederal Reserve Bank of New York Examines Level of Foreign Currency Balances
(Source: Federal Reserve Bank of New York) - Large foreign currency reserve balances may not be needed to maintain an effective exchange rate policy over the medium and long term, … Read →
View ArticleTreasury Issues Final Foreign Holdings of U.S. Securities Report for End –...
(Source: Treasury) – WASHINGTON – The final results from the annual survey of foreign portfolio holdings of U.S. securities at the end of June 2012 were released today on the … Read →
View ArticleTreasury Releases Annual Data for U.S. Portfolio Holdings of Foreign Securities
(Source: Treasury) – WASHINGTON – Preliminary data from an annual survey of U.S. portfolio holdings of foreign securities at year-end 2012 were released today and posted on the Treasury web … Read →
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