September 2008

AIG: The asset grab begins

American International Group Inc. is starting to sell assets to repay the $85 billion loan from the U.S. Federal Reserve. The insurer sold its 50% stake in London City Airport... Continue reading

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• Bailout or not to bailout?
• Roll Call: Banks in most need of rescue
• Bank Watch: Bridge over troubled Wall Street
• UBS to eliminate 1,900 jobs
• Investors pull the plug on New York Sun
• Bank Watch: Picking up the pieces
• McCain, Obama come together to 'rescue' bailout
• Lehman Brothers layoff update
• MGM marriage to Reliance unlikely
• Constellation bankruptcy report retracted
• Regional banks look appetizing to Wells Fargo
• Obama believes in the bailout and offers a change
• Temasek bumps up its stake in Merrill Lynch
• Roll Call: How Congressmen voted on the bailout
• Roll Call: The real cost of the bailouts
• Bank Watch: Bouncing back
• Credit markets freeze, stock markets shrug
• Bankruptcy Update: Washington Mutual, Renaissance
• One day in, Mitsubishi UFJ loses $500M on Morgan S
• Judge rules against Apollo, Hexion in Huntsman buy
• Bank Watch: The Street bails on bailout stalemate
• Barclays deals with Lehman staff, plans to hire 1,
• Bailout rejection hits credit markets
• Thoughts on retiring amid a banking crisis
• Slick insight on monitoring oil mergers
• AIG may sell 15 to 20 businesses
• Bank Watch: Run-down regional and thrift banks
• Bailout needs a bailout
• 21st Century Banking Hall of Fame
• Breaking: Bailout plans fails to pass in House
• Is Citigroup selling a call center to cover the Wa
• Bank Watch: Bailout busts; Dow falls
• So Banktown, how does your barbecue taste now?
• Bain, Hellman & Friedman get Neuberger Berman for
• Rabble Babble: ImClone's mystery bidder to reveal
• Morgan Stanley gets $9B from Mitsubishi UFJ, sells
• Jumbo banks and too-big-to-fail
• Europe's new financial bailouts
• Bank Watch: Merger Monday
• Citi gets Wachovia assets for $1 a share; FDIC get
• Bankruptcy Update: Lehman, Delphi and more
• Congress issues draft of bailout
• Bank Watch: Merger madness
• Fishman's failure nets fat payday
• Frank: Open to adding insurance to bailout bill
• Another bank fails, still no bailout plan, but the
• The Deal newsweekly, week of Sept. 29
• Seizing banks isn't always such a bad job
• CDS spreads say investors remain jittery on Wachov
• GOP support for bailout remains split
• Freddie Mac hires, fires and places 'help wanted'
• Malone: Discovery-Scripps deal 'unlikely'
• Inside The Deal: Ken Horner on the evolution of de
• Job cuts soar over 120,000
• Ex-Merrill CEO Stan O'Neal making a comeback?
• Bank Watch: Who is next?
• How J.P. Morgan did the deals during the storm
• Ford Credit's divorce from Mazda a step towards di
• SEC ends 'ineffective' banking supervision
• Citi could bail on $80B in bad assets
• House GOP stymie bailout plan
• Fleeing WaMu depositors forced regulators' hands
• Bank Watch: Another day, another bloodbath
• Nomura pays $2 for Lehman assets
• Update: Bailout plan still in limbo
• Central banks ride to rescue
• Fortis reaffirms strong solvency position
• J.P. Morgan raises $10B in stock offering
• FDIC avoids disaster with quick WaMu sale
• HSBC slashes jobs
• FTC: No more winging it
• WaMu seizure leaves TPG with steep loss
• J.P. Morgan-WaMu conference call highlights
• J.P. Morgan buys Washington Mutual assets from FDI
• J.P. Morgan schedules late night call; WaMu rumors
• Black gold runs through Deal Stocks
• Greenberg to dump AIG shares
• Shareholders approve Delta-Northwest deal
• Bank Watch: It's not easy being green
• Who will replace Paulson at Treasury?
• Celent's Light on AIG's asset sales
• Stairway to bankruptcy for Hard Rock Park
• Hill near a bailout deal . . . maybe
• Roll Call: The largest investment bank is now Raym
• GE behaves like a bank for the SEC, ratings agenci
• Pimco's Gross says banks need $500B over bailout
• Is Cadbury on Kraft's menu?
• Markets, Dems react to McCain's comments?
• Studying Constellation's sale over a Natty Boh and
• Barclays hires Lehman's Houston energy bankers
• Investors round up HSBC, other usual suspects
• Sinopec grabs Tanganyika Oil
• J.P. Morgan to devote $1B PE investments in India
• Bankruptcy Update: Whitehall, Reserve Fund, Tropi
• Looking for a buyer WaMu goes to private equity ha
• Buffett can't help everybody, and the Street knows
• Report: Primerica could join Flowers, Protective
• Going out on a limb with retail bankruptcies
• Buffett's smorgasbord of deals
• What's on Buffett's mind?
• Bank Watch: Getting over the hump
• What lit up the financial crisis
• T. Boone Pickens hits a rough patch
• CBS' Moonves sees dark future in newspaper sector
• Cerberus in talks to buy Daimler's stake in Chrysl
• Watch Bernanke testimony live
• Man Group requests inclusion to short-selling rest
• Roll Call: Warren Buffett supports bailout
• EC gives green-light to WPP's hostile takeover of
• Bradford & Bingley gets new terms for GMAC-RFC mor
• Euro giants strike nuclear deal
• Buffett beats Sumitomo Mitsui to the punch on Gold
• Goldman Sachs to double public offering to $5B
• Bankruptcy Update: Asarco, Lehman, Tropicana and m
• Guy Hands: PE dealmakers could see 75% pay cut
• Berkshire Hathaway invests $5B in Goldman Sachs
• Inside The Deal: Kamal Ahmed of Bahrain's Economic
• ImClone, other Deal Stocks shine as markets falter
• Greenberg enlists help to possibly save AIG from t
• Bank Watch: Easing out of panic mode
• Apache could join oil majors in the hunt for acqui
• AIG could start selling assets in a week
• Roll Call: The long history of WaMu
• Rewind: Hedge funder Hendry on why we'll be down f
• Is Goldman eyeing failed IndyMac?
• Wattles wins as Circuit City CEO resigns
• Financial crisis tempers bids for Starrett City
• Wall Street's most powerful woman leaves Citigroup
• Bank Watch: Trying to stay positive
• Rabble Babble: Anyone wanna buy a bank called WaMu
• Porsche strategy a risky lemon in Germany
• Nestle may swallow part of Hershey
• Nomura buys Lehman's European and Middle Eastern o
• Euro financials fizzle
• Lehman U.K. staff's pension fund in a hole
• Bankruptcy Update: Lehman, DayJet, Alitalia and mo
• PE fundraising surges as investors pile into distr
• Fed eases rules on private equity investment in ba
• Handful of Deal Stocks escape broader market tumbl
• Inside The Deal: Jones Day's Bob Profusek on M&A's
• NYS to regulate $62 trillion credit default swap m
• AIG ex-CEO says thanks, but no thanks to $22M
• WaMu numbers that might scare some buyers
• Bank Watch: Down, but not out yet
• For sale: AIG
• Goldman, Morgan Stanley and the ironies of life on
• Will new status spur a talent flight from Goldman
• Neuberger Berman exec talks about the future
• Four senior execs quit Fannie Mae
• GM grabs cash while it can
• The Fed: Mightier and less independent?
• Report: Mitsubishi UFJ estimates Morgan Stanley wo
• Manulife may make a grab for AIG's assets
• Auction Block League Tables: Illustrating a brave
• How does Paulson rank among The Greats?
• Europe cool to Paulson proposal
• Morgan Stanley to sell stake to Mitsubishi
• AIG shareholders may fight Fed takeover
• Nomura wins Lehman Asian assets
• Wall Street lobbying to have scope of bailout plan
• Bankruptcy Update: Lehman, Mohawk and more
• Wall Street's reshaping continues
• A club everyone wants to belong to
• Bank Watch: Rumor wrap-up
• The Deal newsweekly, week of Sept. 22
• Can Merrill and Lehman call a Mulligan?
• Report: Isuzu considers buying GM medium-duty truc
• Professor: The tech boom set the stage for the cri
• Asia feels the heat of the crisis on Wall Street
• J.P. Morgan stops trading with talent-poaching Cit
• Korea Exchange Bank not in the cards for HSBC
• PE firms turn back on Informa
• Euro stocks surge on U.S. rescue plan
• Rabble Babble: Is Citigroup making a move for WaMu
• D'oh! German bank transfers $426M to Lehman just a
• Druckenmiller passes on the Steelers
• Bankruptcy Update: SemGroup, Lehman Brothers, Alit
• Banks, broader market soar on possible return of R
• Citigroup grabs Lehman's M&A guru Mark Shafir
• Short sellers the target of political ire
• Why the markets love the RTC
• The Icahn Report: Financial disaster ignited by la
• Inside The Deal: Web 2.0 Expo reacts to Wall Stree
• Bidders for AIG's assets wait in wings
• McCain calls for Cox's head
• Lloyds makes a good bet on HBOS
• Mark your calendars for Congressional hearings
• Goldman, Morgan Stanley and the fog of war
• With Delphi, GM bites the bullet
• Morgan Stanley in talks with Chinese sovereign wea
• Lehman's London staff will get paid
• Inside The Deal: Crosslink Capital's Michael Stark
• Buffett sees a star in Constellation
• Bank Watch: Stocks remain mixed
• Will Barclays scoop up Lehman's Asian and European
• Advisers for Barclays buyout of Lehman's i-banking
• Some fingers point at Spitzer for AIG downfall
• Lloyds swallows bigger HBOS
• Lehman turned down $4.4B offer from Korea Developm
• Lehman's Fuld, former AIG chiefs called to testify
• Global markets find relief from cash shower of cen
• Morgan/Wachovia talks tightening credit default sp
• WaMu's tea leaves need some deciphering
• Bankruptcy Update: Lehman, IBC, Tropicana and more
• Bidders emerge, but only for parts of Washington M
• Rabble Babble: Morgan Stanley's suitors
• Washington Mutual puts itself on the auction block
• The Federal Reserve asks Treasury for cash
• Ratings Review: Lehman bankruptcy could short-circ
• Breaking: Lloyds strikes deal for HBOS
• Returning to the houses of old
• Bank Watch: Goldman, Morgan Stanley take a beating
• In search of AIG's $85B
• Star-Ledger obituary could be written soon
• New hires at Freddie and Fannie, old CEOs denied '
• Falling oil could mean happier days for the airlin
• Bridge (loan) to somewhere: McCain, Obama comment
• Report: AIG spurned Allianz, J.C. Flowers
• Post-AIG: Thinking about regulation
• Is John Mack working the phones yet?
• LIBOR leaps, Russia reels
• HBOS, Lloyds TSB get serious about possible hookup
• BAA puts Gatwick Airport on the auction block
• Liddy may only take interim role at AIG
• Latest Wachovia hire: J.P. Morgan's Phelan
• Is WaMu next?
• Barclays may buy Lehman's European investment bank
• Greenberg loses to Fed and hopes for AIG turnaroun
• Barclays in $1.75B Lehman deal
• Former Allstate chief Edward Liddy likely to take
• Feds bail out AIG with $85B loan and takes a 79.9%
• Morgan Stanley CFO pushes for investment bank mode
• AIG shares bleed as clock ticks on capital plan
• Dodd concerned about naked short selling
• Inside The Deal: InSearch's Randolph Gulian discus
• Politicians discuss a 'super trustee' to resolve c
• Institutional Investor congratulates Lehman
• A Greenberg-led rescue may be fitting for AIG
• Breaking: Barclays, Lehman agree to deal
• GM birthday party overshadowed by turmoil in the c
• Breaking: CDS market sees trouble ahead for Goldma
• Citadel grabs top talent during mortgage meltdown
• Lehman staff preferred unemployment to Barclays bu
• Hank Greenberg: AIG is a 'national treasure'
• Blackstone, Fortress are countercyclical
• Lehman ends the search for this era's signature ba
• HBOS leads European selloff
• Rabble Babble: Could WaMu be acquired by J.P. Morg
• Joe Biden: 'You can't ... bail out every failing f
• Foreign banks that are clear of Lehman
• Barclays' Diamond is familiar with being on the br
• Barclays reportedly has agreed to buy Lehman unit
• Bank Watch: Wall Street mixed as crisis continues
• Electricite de France and British Energy checking
• Citadel poaches two from Merrill
• Wall Street's pain continues as Goldman's profit f
• Rabble Babble: Latest Lehman asset sale rumors
• John McCain says, 'Let AIG fail'
• Ka-ching! Thain and Montag set for big paydays aft
• Bully! Lehman employee's wedding goes on
• BofA buyout can't quite save Temasek's investment
• Bank Watch: Panic at the exchange
• Wall Street woes affect New York, New Jersey
• The nitty-gritty of the Lehman Chapter 11
• Roll Call: Wall Street's impact on Hollywood
• Bank Watch: Financial fallout continues
• New York State extends a helping hand to AIG
• Lehman employees begin job search
• Just In: Advisers in BofA's acquisition of Merrill
• NPR on Media Maneuvers, Fannie, Freddie and its kn
• Credit Suisse, others hiring i-bankers
• Lehman Brothers collectibles for sale on eBay
• Citi, BoNY, Aozora among largest Lehman creditors
• Obama, McCain weigh in on Wall Street woes
• Roll Call: Video of Lewis and Thain on BofA-Merril
• Is this the end, or the beginning, of an 'independ
• Investors sell, ECB offers salvo
• Bank Watch: Wall Street is seeing red
• What will become of Merrill's stars?
• Roll Call: Wilbur Ross says 'as many as 1000 banks
• Rabble Babble: AIG in discussions with PE firms, s
• Bank of America/Merrill Lynch conference call high
• Alitalia rescue plans advance, but collapse remain
• BASF in $5.5B deal for Ciba
• Lehman to file for largest ever bankruptcy
• Bank of America buying Merrill Lynch for $50 billi
• BofA, Merrill reportedly in merger talks
• Barclays walks from Lehman talks
• Government Officials, Wall Street CEOs in more eme
• Pharma-related Deal Stocks need shot in the arm
• Paulson stays on message
• Bank Watch: Market eyes J.P. Morgan as WaMu suitor
• Inside The Deal: Jones Day's Bob Profusek on PE's
• The Deal newsweekly, week of Sept. 15
• Inside The Deal: Paul Hastings' Vince Pisano on ac
• Looking for work? Here's who's hiring
• Bank Watch: BofA and Merrill?
• Auction for Bennigan's, Steak & Ale set
• Lerach accused in prison bribery scheme
• Bankrupt retailers may get more gift card headache
• Steve & Barry's employees threatened by vendor e-m
• Rabble Babble: No Lehman deal without Fed guarante
• Coffee guy refuses to serve Lehman reporters
• Bank Watch: Lehman, WaMu still standing
• Roll Call: Lehman's neighborhood businesses take a
• Alitalia teeters, XL crashes
• Hope grows for Lehman
• No large LP consortium, after all
• Bankruptcy Update: La Bonita, SemGroup, and more
• Bulls run up Deal Stocks
• Bank Watch: Who would buy Lehman?
• In a bear market, even teddy bears struggle
• Lehman for sale: Is Goldman buying?
• Troubled Sun-Times faces second activist investor
• First Reserve shopping portfolio company Brand Ene
• Auction Block League Tables: Napster sale helps UB
• Lehman, WaMu: Why the differences are important
• Will News Corp. pick up more of Premiere?
• Change Capital Fund finds new owners
• Bankruptcy Update: Tropicana, Victory and more
• CI, Canaccord scrap Blackmont talks
• Slim has his eyes on the Times
• Pershing's Ackman won't pick on Lehman
• Roll Call: How Googlebot killed United Airlines st
• Bank Watch: Financials end the day in red
• Analysts offer thoughts on Lehman's troubles
• SemGroup unit gets only temporary relief
• The Oracle of Omaha loses some faith in the banks
• Bank Watch: Lehman, financials crawling out of the
• Lehman's Fuld may be ready to deploy his parachute
• Bank Watch: Lehman keeps financials depressed
• BG Group's next target may be Santos
• Roll Call: Lehman souvenirs
• The regulatory strategy behind Lehman's shrinking
• Deutsche CEO: We're bound to buy
• Report: Lehman received takeover approach from PE
• GFI and Tullet Prebon no longer talking merger
• NTT DoCoMo has eyes for stake in Tata Teleservices
• Highlights from Lehman Brothers earnings conferenc
• Lehman: The talk on the Street
• Bankruptcy Update: Icon, ProxyMed and more
• Lehman rushes out earnings; posts $3.9B loss
• More Lehman rumors after the bell
• Blackstone's Tony James speaks from Lehman Financi
• Bayer bid a rumor, Pfizer woes not a rumor
• Rabble Babble: Lehman = Titanic?
• Chrysler says quality is up, freeing cash from war
• A 'slightly green' Pickens on energy independence
• FTC fines Bear Stearns for mortgage violations
• FTC opposes DOJ's antitrust view
• India continues to draw in private capital
• Why it's tough some days to be Henry Paulson
• Bank Watch: Lehman continues to tank
• DOJ's Litvack hiring was D.C.'s worst-kept secret
• Could Bayer be taken over by Pfizer?
• Would an Xetra sale be bad news for Deutsche Borse
• FCC's Martin still takes no action on bundling
• Resolution plans $1.8B IPO for future deals in ail
• Coke catches flak in China
• BG hostile bid for Origin denied
• Report: Lehman/KDB talks have ended
• Bankruptcy Update: Ascendia, Fedders and more
• Fannie and Freddie fall on fannies, but broader ma
• LBO slowdown leaves PE firms sitting on billions
• Bank Watch: Fannie/Freddie takeover sinks Lehman s
• Conservatorship is less American than other bankru
• Automakers hope they are next in line for governme
• United shares plummet on false bankruptcy report
• Breaking: Hexion-Huntsman would be an insolvent co
• Paulson's successor faces more crises
• Large LPs form group to press buyout shops for bet
• Bear Stearns Private Equity gets a new name to mat
• Roll Call: Lockhart announces Feds seizing Freddie
• Is Lehman experiencing brain drain?
• Roll Call: Bove on Fannie and Freddie bailout
• RBC the latest rumored Lehman suitor
• Bank Watch: Lehman down, but is it out?
• Activist Schwarz keeps busy with Wilhelmina, MedQu
• Altria takes a taste of smokeless tobacco for $10.
• Takeover looms for Lonmin
• TPG set to close on $30B in 2008
• The Fannie and Freddie bailout: Global if we like
• Bank failures: Feds shut down Silver State
• Bankruptcy Update: EnCap, American Media and more
• Fannie Mae, Freddie Mac seized
• WaMu's Killinger gets the hook; S&L veteran Fishma
• Inside The Deal: Deloitte's Scott Wilson on strate
• Report: Treasury and Fed meeting to devise plans f
• The Deal newsweekly, week of Sept. 8
• Philip Morris extends bid for Rothmans
• Sara Lee avoids a fight with an activist
• Baugur puts off bid for Saks
• Private Equity exit activity: Sept. 1-5, 2008
• Who wins in UST-Altria?
• Informa pays the price
• Xstrata gets in blocking position with stake in In
• GdF Suez, Marubeni open up wallet in Singapore
• McCain was knee-deep in UNE-P
• Bankruptcy Update: Mervyn's, Alitalia and more
• Lone Star considers suing South Korea gov't over K
• Pitfalls await Sprint Nextel's spectrum sale
• Is Frontier Oil for sale?
• Levitt stays in the building
• Setting the record straight on Asarco decision
• Cribiore, done with Merrill and Brera, heads to Ci
• Retail, real estate and dealmaking
• Why Republic Airways is backing troubled carriers
• BP learns a hard Russian lesson
• Could HSBC bid for Lehman?
• After pulling exit financing, hedge funds go after
• Why CalSTRS is attracted to the dark
• Investors eye BP's Russian retreat
• Bankrupt Mervyn's sues its former PE owners
• Cowdery could return to give Friends a scare
• NovaGold could go on the auction block
• CalSTRS scales back commitment to Blackstone fund
• Bankruptcy Update: Asarco, Boscov's, CCI and more
• Coca-Cola investors end day with a frown as market
• Altman: Another vote for an uber-Fed
• Blackstone opens M&A advisory office in Silicon Va
• These Greeks are bankruptcy geeks
• RBC says it's hiring, takes 11 bankers from Bear S
• FTC continues battle with Whole Foods
• Could Superquinn become part of the Wal-Mart famil
• Curious omission from Altman op-ed piece
• Merrill Lynch hires high-profile mortgage bankers
• Friends could walk away from asset sales
• Report: TPG wraps up $20B megafund
• Private equity fundraising surges to start Septemb
• U.K. broker may bid for Dresdner Kleinwort
• Sovereign wealth funds devise investing guidelines
• Bankruptcy Update: Linens, Whitehall and more
• Report: KDB floats offer of $5.3B for 25% of Lehma
• Infineon shares edge higher on Qimonda sale talk
• Fannie and Freddie: Still standing
• Rodgers and Hammerstein singing for a sale?
• Tight-lipped Huawei keeping frustrated PE bidders
• Lehman defector finds work at D.E. Shaw
• Jefferies hires 25 from Bear Stearns, one from Cit
• More retail bankruptcies on the way, Miller says
• Barclays makes investment in India while looking t
• Bank Watch: Regions brings Integrity back from the
• Apollo jumps into Reed Business Information auctio
• Regulator may force Lone Star to sell shares of Ko
• Informa bid would be one of Europe's biggest buyou
• Will a Lehman-KDB deal kill Neuberger Berman aucti
• KDB confirms talks to buy Lehman stake
• Bankruptcy Update: Alitalia, Zoom Airlines, Asarco
• Profitable hedge funds on a hiring spree

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