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anon79
2 Comments
AIG: The New Math? [view article]
AIG's capital study published with the results showed that company is holding $2.5 to $7.5 billion of excess capital. The excess compares to 2007 year-end position of $14.5 to $19.5 billion of excess capital. Therefore the math seems to indicate that AIG is looking to restore its excess capital position to prior level. Though in other market conditions, a firm would be penalized for excess capital, the surplus capital position would suit the risk averse institutional investors. May 17 03:57 PMUBS: A Volatility Shudder [view article]
Brady Dougan, the new CEO of UBS - now thats the real news! May 16 11:25 PM