BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Goldman Sachs to release details of its AIG relationship]]>http://www.bloggingstocks.com/2009/03/20/goldman-sachs-to-release-details-of-its-aig-relationship/http://www.bloggingstocks.com/2009/03/20/goldman-sachs-to-release-details-of-its-aig-relationship/http://www.bloggingstocks.com/2009/03/20/goldman-sachs-to-release-details-of-its-aig-relationship/#commentsFiled under: ,

Goldman Sachs (NYSE: GS) is set to make some news today, as the company is going to hold a conference call to address "questions from journalists, and clarify certain misperceptions in the press regarding Goldman Sachs' trading relationship with American International Group." Furthermore, the call will be available to you and me over webcast -- according to GS's press release.

GS has drawn some scrutiny after it was discovered that $13 billion of the AIG-marked government funds actually went to GS. GS was not alone, as Sunday's release of spending details from AIG (NYSE: AIG) showed that Deutsche Bank and Societe Generale also received funds. Of the banks on the list submitted by AIG, GS received the most cash: $12.9 billion. Most of these payments were to compensate for collateral demands from hedges GS purchased from AIG.

Continue reading Goldman Sachs to release details of its AIG relationship

Goldman Sachs to release details of its AIG relationship originally appeared on BloggingStocks on Fri, 20 Mar 2009 08:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AIGbonus scandalBonusScandalEdward LiddyEdwardLiddyfeaturedGoldman SachsGoldmanSachsquestionable bonusesQuestionableBonusesFri, 20 Mar 2009 08:15:00 EST<![CDATA[Fannie Mae next in line to hand out questionable bonuses]]>http://www.bloggingstocks.com/2009/03/19/fannie-mae-next-in-line-to-handout-questionable-bonuses/http://www.bloggingstocks.com/2009/03/19/fannie-mae-next-in-line-to-handout-questionable-bonuses/http://www.bloggingstocks.com/2009/03/19/fannie-mae-next-in-line-to-handout-questionable-bonuses/#commentsFiled under: , ,

Who is ready for a second round of bonus outrage (dare I call it a "bonus" round)? This time it is Fannie Mae (NYSE: FNM) that has awarded retention bonuses to four of its top executives -- let's see how mad everyone gets about this one.

The mortgage company told the SEC in a recent filing that it is going to award bonuses between $470,000 to $611,000 to four of its top executives. As is the nature of a bonus, this payment is on top of the executives' already-hefty base pay.

Continue reading Fannie Mae next in line to hand out questionable bonuses

Fannie Mae next in line to hand out questionable bonuses originally appeared on BloggingStocks on Thu, 19 Mar 2009 08:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aigbonus paymentsBonusPaymentsFannie MaeFannieMaefeaturedfederal bailoutFederalBailoutfnmfreFreddie MacFreddieMacquestionable bonusesQuestionableBonusesThu, 19 Mar 2009 08:00:00 EST