American International Group

Companies start competing for bailout money

This is absolutely a joke.

WASHINGTON (AP) -- The bailout is now the hottest lobbying game in town.

Insurers, automakers and American subsidiaries of foreign banks all want the Treasury Department to cut them a piece of the largest government rescue in U.S. history.

The betting is that many with their hands out will be successful, especially with financial markets in a stomach-churning dive and predictions the economy is about to tumble into a deep recession.

Threats from NY Attorney General? | CNN

Former Goldman Sachs Chairman John Whitehead said Thursday that New York Attorney General Eliot Spitzer threatened him during an April phone call after Whitehead wrote an op-ed piece critical of Spitzer's attacks against American International Group's Maurice "Hank" Greenberg......

In his op-ed piece Thursday, headlined "Scary," Whitehead offered what he said was a transcript of Spitzer's statements:

What did I say then?

Tolkien's Virtual World Takes Off

Tolkien's Virtual World Takes Off - The Lord of the Rings Online has enjoyed explosive growth since its April unveiling—will it continue?

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