AIG Seeks $20 Billion in Capital, to Sell
| AIG Seeks $20 Billion in Capital, to Sell ILFC Aircraft Component - Transworld News American International Group (NYSE: AIG), the Fortune 500 insurance giant, is looking to seek $20 billion in cash, according to reports Monday. In addition to seeking to raise $20 billion in capital, AIG will reportedly sell $20 billion of assets Source: www.transworldnews.com Bailout by Fed rescues AIG - Delaware Online Federal officials were content to stand by and purchase annuities let Lehman Brothers, the nation's fourth-largest investment bank, tumble into bankruptcy on Monday, unleashing tumult in financial markets around the globe. But the Fed decided Tuesday the same hands-off Source: www.delawareonline.com Weatherproofing a Nest Egg - Wall Street Journal Given the turmoil this week in the stock market -- and purchase annuities the job market -- workers and purchase annuities retirees are peppering employers and purchase annuities investment advisers with questions about their nest eggs. Getty Images "If somebody is totally panicked, that's when I try to Source: online.wsj.com Pensions: Could my fund go bust? - Guardian Unlimited Those with private sector employers or who are self-employed - and purchase annuities that's most of us - have every right to be worried. Your fund could be hit by financial market turbulence or by your employer becoming insolvent. You are most at risk if you have a Source: www.guardian.co.uk |