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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: SouthFloridaGuy who wrote (78908)	5/8/2008 7:20:35 PM
From: Sr K	Respond to of 116555

AIG raised their dividend 10% to 22 cents! "AIG plans to raise $12.5 billion in capital after posting its second straight steep quarterly loss. The insurance giant took $9.11 billion in charges on its credit-default swaps and recorded $6.09 billion of investment losses. 5:40 p.m." wsj.com

To: SouthFloridaGuy who wrote (78908)	5/8/2008 7:41:40 PM
From: Broken_Clock	Read Replies (2) \| Respond to of 116555

The Fed cannot control the economy. ---- I guess lowering rates below inflation at the top of a prolonged real estate boom did nothing? Along with taking a hands off approach to massive mortgage and lending fraud? -g- There may be some power in those decisions.