Month March 2009

AIG offices patrolled by armed guards

The American public entering AIG offices with a few questions to ask. Things appear to be shrieking chaos inside AIG now. Death threats. Angry phone class. Armed guards. “It’s going to blow up,” said a senior Financial Products manager, who…

General Growth Properties killed by greed

When we last checked about General Growth Properties in December 2008, it was circling the drain. Now it appears bankruptcy is near. This is a near textbook case of how to take a healthy company – they own more shopping…