Feb 24 2009

American International Group: AIG Founded in Shanghai China in 1919. Who are we Bailing out Here?

American International Group, AIG was founded in 1919 by Cornelius Starr who established the agency in Shanghai, China.  The business took off and was very successful in Asia.  Later, Starr expanded the company to Latin America, Europe, and the Middle East.  It is fascinating how many in the media are portraying AIG as some homegrown […]

Jan 2 2009

The Federal Reserve and U.S. Treasury Determined to Sink the U.S. Dollar in 2009. Why Gold and U.S. Dollar went up in 2008.

2008 will go down in history as the worst global market for countless investments since the Great Depression.  It was significant even with the late rally which occurred after the November bottom.  What this signifies is that market volatility a sign of a very unhealthy marketplace will continue in 2009.  Yet the more important point […]

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