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 [...]
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