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According to Moody’s Investors Service, AIG may actually be able to pay back its loans from the government. The company posted its second straight quarterly profit last week thanks to a recovery in the value of investments.
Moody’s said that as long as the operations of …

According to U.S. Treasury Secretary Timothy Geithner, the Federal Reserve should lose its ability to bail out “big, failing financial firms like AIG and Bear Stearns.”
He said, “Any firm that puts itself in a position where it cannot survive without special assistance from the government …

Ever wonder what the difference between bankers and pirates are? This little image I dugg is pretty funny in regards to the topic.
Banks have been letting their own companies fail for the past year and the only thing that saves them every time is the …

It’s been almost a year since the government started bailing out banks and already it is started to see some profits from the money given to all the banks. At the time of the bailouts, many people thought that profits from the money put into …