The AIG – Lehman – Merrill Lynch Link

3 Companies facing cash crunch oblivion. A bankruptcy, an desperation sale and pure desperation. What do all 3 companies have in common ? Share buybacks. Billions and Billions and Billions in share buybacks over the last 18 months. AIG March 2, 2007 BOSTON (MarketWatch) — Shares of American International Group Inc. got an early lift…

Read More

After the BailOut – Can the Bankers Who Caused the Mess Fix It ?

The bailout is a given. Its needed to introduce liquidity into the system. I wonder why no one is defining what happens after the 700B of mortgage and other assets are purchased by the Fed. Has everyone forgotten that we didnt trade in last year’s bankers for a new team. The bankers that we hope…

Read More

The Bailout: The Myth, The Legend, The BestSeller

If enough people talk about it, it must be important, right ? Well the Bailout is important. It can provide needed liquidity into financial markets. Unfortunately, it is now more important than it ever should have been because THE BAILOUT has passed from being a financial response by the Treasury, which it would have been…

Read More

The Botox Bailout Q&A

No question the bailout is necessary. We need the liquidity. But just like Botox, the impact of the Bailout will wear off very quickly. Its lipstick on bank balance sheets. The biggest mistake any taxpayer, shareholder or employee can make is to the think the Bailout solves the crisis. It doesn’t. So Post Bailout what…

Read More