Posted by: Jayme Johnson on: February 27, 2010
AIG posted a quarterly loss of nearly nine billion. AIG also said it continues to shrink the number of trades and outstanding exposures at its Financial Products unit, where troubled credit derivatives contracts brought the insurance giant to the brink of collapse in 2008 and prompted a massive federal bailout, which eventually grew to a [...]
Posted by: Jayme Johnson on: June 2, 2009
The concept of a “red herring” came up while reading about the federal reserve . It basically means diverting attention from another item of significance or the truth. It is closely associated with suppression. Perhaps this author was being forced to remember the concept, because recently some smoked herring was purchased and food poisoning was [...]
Posted by: Jayme Johnson on: May 22, 2009
It’s good to see that Martin Feldstein stepped down as a director of AIG. The man has been on two of Obama’s boards for months now. I accidentally discovered Martin through a book I read back in February. Then I was shocked to find out he was indeed on the board of AIG since the [...]
Posted by: Jayme Johnson on: May 3, 2009
The word suppression has a wide variety of meanings. One meaning is to consciously resist feelings or memories. Another meaning is to stop the spread or publication of information. It also means to put an end to something by force. In military science terms (for those of you who care) suppressive fire is firing weapons [...]
