Category Archives: AIG
CME Unveils “Weirdest Chart Ever”
Authored by Erik Norland via CME Group, We freely admit: Figure 1 is probably the strangest chart that you will ever see, at least in finance. You may be wondering: did they throw blue spaghetti noodle on paper for inspiration and then write an economics article about it? Or, have they spent too much time […]
David Stockman Derides The Delirious Dozen Of 2017
Authored by David Stockman via Contra Corner blog, We have previously noted the massive market cap inflation and then stupendous collapse of the Delirious Dozen of 2000. The latter included Microsoft, Cisco, Dell, Intel, GE, Yahoo, AIG and Juniper Networks – plus four others which didn't survive (Lucent, WorldCom, Global Crossing and Nortel). Together they represented a classic blow-off […]
Goldman Ramping Up Private Equity Investments To Offset Low Vol And Low Volume
A Reuters article reports that Goldman is looking to make direct private-equity investments to compensate for weakness in trading. Goldman Sachs Group Inc is ramping up its private-equity investments and going after smaller, high-growth targets as part of a broad plan to offset recent trading declines, three people familiar with the effort told Reuters. Goldman’s […]
Bill Miller Says He’s Invested 1% Of His Net Worth In Bitcoin
Former Legg Mason investing guru Bill Miller’s Opportunity Trust is back on top this year thanks to bets on a hodgepodge of stocks including Apple Inc., J.P Morgan Chase & Co. and Restoration Hardware. Just weeks after his Opportunity Trust was named No. 1 among diversified funds with at least $1 billion in assets, Forbes […]
Bharara Joins The Trump “Resistance”: Asks If Any Public Servants Will Dare Say No To The President
It appears the so-called 'resistance' is coalescing around a number of fired-by-Trump formerly powerful Obama administration officials desperate to maintain the tyrannical Trump narrative. The latest is infamous non-prosecutor of Wall Street's worst Preet Bharara who questions: Are there still public servants who are prepared to say no to the president? The U.S. attorney […]
Wikileaks Releases Part 13 Of Podesta Data Dump; Total Emails Released Is Now 23,423
The third and final debate may have come and gone, but the daily Wiki Podesta dump continues. In the now traditional daily routine moments ago Wikileaks released yet another 3,000 emails in Part 13 of its ongoing Podesta Email dump, which brings the total number of released emails to 23,423 RELEASE: The Podesta Emails Part […]