February 24, 2009

Digesting Obama

Just few initial thoughts on Obama’s big speech to Congress and America tonight. (Full text here, thanks to Matt!) Historic, yes. But can we please move on now? If we spend thirty minutes every time Obama does something that presidents DO, blabbing about HOW historic he is, it is going to be an interminable next […]

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February 24, 2009

AIG To Announce $60 Billion Quarterly Loss, Market Was Looking For $6 Billion

Look out below! Double-bailout recipient AIG is due to report earnings Monday, and according to Reuters, it ain’t gonna be pretty. When the market is expecting a loss, and you then post a loss that is $59 billion dollars greater…well, you know what they say about markets and surprises. Reuters just broke this news, and […]

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