photo credit: askthepixel AIG, the worlds largest insurer and one of the orginators of this financial crisis has been in the news again. They are planning to pay out a whopping $165 million of bonusses relating to the results of 2008. Remember 2008, the year that AIG presented a record loss of $61.7 billion in [...]
the financial crisis has resulted in a nice new description of the balance sheet: Balance sheet. On the left, there is nothing left. On the right, there is nothing right source: English newspaper