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Too Big to Fail
There is an old saying that if you owe the bank $1,000 that’s your problem, but if you owe the bank $1 million that’s their problem. Similarly it worked for the Wall Street giants. A year after the crash,... Edward Liddy to Step Down from AIG Appointment
Insurance executive Edward Liddy will step down from his government appointed position at the helm of AIG. Appointed by Bush-era Treasury Secretary Henry Paulson when the financial crisis began in September 2008, Edward Liddy has been charged with managing the troubled...
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