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(Image from article: "It was a low-down, no-good godawful bailout. But it paid.")

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Ex-CEO Greenberg: Don't blame me for AIG failure

Four and a half years after insurance giant AIG collapsed, leading to the biggest bailout of the financial crisis, former CEO Hank Greenberg has one message: Don't blame me....

 

Freddie Mac CEO to resign, regulator says

Freddie Mac's chief executive, Charles E. "Ed" Haldeman Jr., will step down by the end of the year, the regulator of the company said on Wednesday.

Senh: He hasn't provided any kind stability to the housing market. It's still just as bad.

 

It was a low-down, no-good godawful bailout. But it paid.

It was a low-down, no-good godawful bailout. But it paid.

But you know what? The bailout, by the numbers, clearly did work. Not only did it forestall a worldwide financial meltdown, but a Fortune analysis shows that U.S. taxpayers are also coming out ahead on it — by at least $40 billion, and possibly by as much as $100 billion eventually. This is our count for the entire bailout, not just the 3 percent represented by the massively unpopular Troubled Assets Relief Program. Yes, that’s right — TARP is only 3 percent of the bailout, even though it gets 97 percent of the attention.

 

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