Hedge fund manager Kyle Bass, who made $500 million when subprime debt cratered, is raising a fund to buy them. He's joining John Paulson, who made $15 billion in 2007 thanks to the housing bust. Goldman Sachs Group has bought the bonds this year. ...

American International Group Inc. (AIG), the bailed-out insurer, named Eric Martinez to lead a new claims and operations unit at the Chartis property-casualty division. Martinez was previously chief executive officer of AIG’s mortgage insurance...

Guaranty was established in Greensboro, North Carolina, in 1963 and has been a company of American International Group, Inc. (AIG) since 1981. The company’s international locations include operations in Hong Kong, Seoul, Tokyo, Sydney, London, Madrid,...

In the quarter before that, revenue fell 16.5%. Most analysts think investors should stand pat on AIG, with 12 of 15 analysts rating it hold. Analysts have grown increasingly optimistic about the stock in the last three months. American International...

Some of the same investors who made big profits betting against mortgage bonds before the 2007 housing bust have started snapping up the toxic assets. Hedge fund manager Kyle Bass, who made $500 million when subprime debt cratered, is raising a fund to...

Prior to joining Kamenitza, he was senior marketing manager at Wrigley Russia, where he was in charge of brand expansion into Ukraine, Belarus, Central Asia and the Caucasus. Lyubenov has a bachelor's degree in international business administration...

The police have recovered two suicide notes written in Japanese. Description: Lollywood actor Meera, who recently announced her retirement from the Pakistani film industry, is now set to tie the knot. She has officially announced her engagement to a...

“It’s a little bit of shift,” after a period in which dealers reduced their inventories, he said. Goldman Sachs, the most profitable securities firm in Wall Street history before converting to a bank in 2008, won an auction of bonds assumed in the U.S....

10 (Bloomberg) -- The Federal Reserve secretly selected a handful of banks to bid for debt securities acquired by taxpayers in the U.S. bailout of American International Group Inc. , and the rest of Wall Street is wondering what happened to the...

Eclectica's acquired a nice reputation among contrarian investors, thanks to some enviable results. The London-based Eclectica Asset Management saw a 12% return last year in its flagship Eclectica hedge fund, and an eye-popping 46% gain in a new fund...

Yet, with oil above $100 a barrel handicapping the U.S. economy, the President imposes regulations that all but shut down deep water drilling in the Gulf and other off-shore locations where the real potential for new American oil supplies lie. Instead,...

Government-tailored price cuts would push premium rates down by 4.9 percent in 2009 from the previous year's level, PICC said in a report on June 29 that year. American International Group Inc is among the biggest foreign insurers operating in China. ...

Yet, with oil above $100 a barrel handicapping the U.S. economy, the President imposes regulations that all but shut down deep water drilling in the Gulf and other off-shore locations where the real potential for new American oil supplies lie. Instead,...

The concentration of high youth unemployment figures explains the uneven development of mass- street protests especially centered in Southern Europe. It also explains why the northern Euro-American anti-globalization movement is largely a lifeless...

Analysts expect them to report year-over-year EPS declines. Also, American International Group (NYSE: AIG), Intuit (NASDAQ: INTU) and Kraft Foods (NYSE: KFT) are expected to say their per-share earnings are higher than a year ago. All rights reserved.

AIG CEO Edward Liddy was a model of fiscal discipline. Appearing before Congress last month, he committed the bailout billionaire to pay back its government loans, clean up the financial mess it created and act as "good stewards of the public funds we...

Most recently, he was head of operations for CVC Brazil. (Logo: http://photos.prnewswire.com/prnh/20100629/LA27981LOGO) According to Jenny Adams, CEO of Discover the World Marketing,

“It is a form of firewall between swaps dealing and the rest of your operations, requiring separate capitalization,” says Marcus Stanley, policy director of Americans for Financial Reform. “When you allow banks to do absolutely unlimited derivatives...

We think HIG is a good stock to invest in. It has attractive valuation levels. Its forward P/E ratio is only 5.30 and its EPS is expected to grow at 7.8% per year over the next five years. This indicates that HIG’s P/E ratio for 2014 is only 4.6,...