Page 145 - Aig News Today

agencies. you can blame congress. you can blame the bankers that went wild. regulators that werent minding the store. >> what goes on behind closed doors on wall street? >> we stand strong, and on the other side well eat golden sludge. >> could it happen again? >> i dont think anybody realized that we were within a day away from a major international catastrophic and economic meltdown. >> james wood from "too big to fail," andrew ross sorkin, the man who wrote the book on the crisis. t...

>> you can blame greenspan. can you blame the rating agencies. you can blame congress. you can blame the bankers that went wild. regulators that werent minding the store. >> what goes on behind closed doors on wall street? >> we stand strong, and on the other side well eat golden sludge. >> could it happen again? >> i dont think anybody realized that we were within a day away from a major international catastrophic and economic meltdown. >> james wood from "too big to fail," andrew ros...

Situation. what is the plan? aig, numbers the taxpayers knows too well. january promised 20 billion dollars in profits. thats when aig stock, $60, $30 today. we dont even know if we are going to break even on that. >> sean: half the american people think we are in a recession or depression right now. anemic growth 1.8%. housing prices have fallen 57 consecutive months. 7 out of 10 americans saying gas prices causing financial hardship. in spite of what all democrats say, republicans can win, if ...

Situation. what is the plan? aig, numbers the taxpayers knows too well. january promised 20 billion dollars in profits. thats when aig stock, $60, $30 today. we dont even know if we are going to break even on that. >> sean: half the american people think we are in a recession or depression right now. anemic growth 1.8%. housing prices have fallen 57 consecutive months. 7 out of 10 americans saying gas prices causing financial hardship. in spite of what all democrats say, republicans can win, if ...

Sell-off on u.s. equities. it was the energy stocks that led the way down. we have a wrap of the session on the street. >> stocks on wall street sold off sharply wednesday. a 5.5% drop in crude prices sent shares of energy companies lower, dragging down the broader market right along with them. chevron and exxonmobil were among the biggest losers on the dow. halliburton fell sharply on the day as well. at the close, the blue chips tumbled 130 points, finishing at 12,630. the nasdaq and the s&p 5...

Their 52-week low. the company decided to go ahead with the planned offering which news reports predict will be near the low end of a 7 to $25 billion range. thats far less than what officials have been hoping for. aig has slowly been working to pay back the $180 billion life line extended to it by the u.s. government back in 2008. and looking ahead to thursday, investors will get figures on weekly jobless claims, inflation and retail sales. a lot ahead. thats a wrap of the day on wall street. i...

Also the issue of trust. on that question i talked with thomas rich. hes an author and military analyst so knowledgeable that officials have been known to call him for advice. joining me from washington, d.c. is thomas rich. thanks for joining us. i read your articles properly you want a divorce from the pakistani government. you think they are -- there is more subtlety and they are not willing to be open and truthful and they want to separate from them and if they dont mean to supply our troops...

Impossible to deal with speculation in the oil industry. we have a rule pending as a result of the bill we passed that the commodity futures trading commission that would restrict the right of people who dont use oil, who dont burn it, who dont sell it to buy it up and hold it off the market. speculation. they have a bill that would kill that. they are trying it as you noted to undo the consumer protection agency. for years consumer protection for most of our history was run by the bank regulato...

Sachs and aig to play the ping-pong that helped crash the economy. i dont think they want to take away consumer protection. and i dont think thepts to make -- >> how much do you think that the cost of gas and the fluctuation in the cost of gas is driven by speculation? >> let me quote something. a man named wilbur ross a man whos a very conservative value investor. he buys up companies that arent doing well and turns them around. hes concerned to be a very, very solid and sound investor generall...

Military weapons. on sunday, gaddafi forces hid oil refinery in plant in misurata. the city is running low on fuel and water. head of nato said he is optimist take gaddafis time is up but added the conflict needs a political not a military solution. in benghazi, libya, reena ninan, fox news. >> bret: security forces in yemen opened fire on demonstrators again today. witnesses say three people were killed. dozens of wounded. the attack came a day after the protesters began a sit-in, in one of the...