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AIG Burning through Bailout Cash (Financial Planning.com)
The article notes that, according to numbers from the Fed, $90 billion of the $123 billion available to the insurer has already been drawn down. In September, the company received an $85 billion emergency line of credit, which was later augmented by a $38 billion loan.
- economictimes.indiatimes.com
MFs repackaging old products to revive sagging fortunes - Economic Times
MFs repackaging old products to revive sagging fortunes Economic Times, India - 14 hours ago IDFC recently introduced a fund that plans to invest 50% of its assets in one sector (say auto , real estate, metals, energy, capital goods or telecom), ...
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