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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label AIG. Show all posts

Thursday, March 26, 2009

A Stunning Public Resignation Letter From An AIG officer

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An AIG employee's lens of the latest BONUS uproar through a resignation letter published at the New York Times ... All bold highlights m...

Monday, March 23, 2009

AIG Bailout: A Model of Failed Government Intervention?

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Public Administration Case Study: The AIG Bailout First, AIG went to the US government to ask for a bailout under the justification that its...

Tuesday, September 30, 2008

Significance of the Prospective Sale of AIG’s Philippine Unit Philamlife

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John F Kennedy once said, “When written in Chinese, the word "crisis" is composed of two characters-one represents danger, and the...

Monday, September 15, 2008

Today's Phisix Carnage (4% Drop): More AIG Than Lehman?

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First of all I don’t think today’s 4% massacre of the Phisix which was a vicious blue chip selling was mostly about Lehman. I suspect this...

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