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Current DateTime: 08:29:59 30 Nov 2009
LinksList Documentid: 24355697
  • The Cost of True Love

      In the popular holiday song "The 12 Days of Christmas," the cost of gifts - from the 12 drummers drumming to a partridge in a pear tree - is quite pricey.

  • Runway Angels

      The superbowl of fashion shows, models walk down the runway at the 2009 Victoria's Secret Show.

  • Smartphone Guide

      Here's a need-to-know guide to nine devices, based on features, price, network and platform.

FEATURED QUIZZES


Current DateTime: 08:29:59 30 Nov 2009
LinksList Documentid: 33793611
  • How Well Do You Know Your Bird?

      Let's talk turkey. Test your turkey knowledge and perhaps pick up a bit of trivia to trot out at your holiday meal.

  • A Healthier & Wealthier You

      Take the following quiz and find out how much you know about the impact of obesity on the health of the U.S. economy.

  • The Billionaire BFF's

      Philanthropists. Bridge partners. Hockey players. Which responses are based on facts from Buffett's and Gates' real lives?


Current DateTime: 08:29:59 30 Nov 2009
LinksList Documentid: 24890560
  • Holiday Central

      There are plenty of reasons to believe that this Christmas holiday season will not be as bad for retailers as last year.

  • Winterizing Your Portfolio

      If 2009 was the winter of our discontent, will 2010 be a winter wonderland for investors? A lot depends on the recovery—or lack thereof.

  • Investor's Guide to Real Estate

      Some even say the long-awaited recovery is here. Regardless, buyers and sellers alike can profit from our guide.

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AIG Raises $20 Billion via Shares, Debt Issue: CEO
By: Reuters | 20 May 2008 | 07:40 AM ET
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American International Group Chief Executive Martin Sullivan on Tuesday told investors that the insurance company's recent issue of equity and debt raised in the region of $20 billion, far more than initially expected.

Sullivan, speaking at an investor conference in London, said that the capital raising, announced after AIG [AIG  Loading...      ()   ] reported a record $7.8 billion first-quarter loss, would give AIG the ability to invest in future growth, while at the same time position the company for further volatility in the credit markets.

AIG's quarterly loss was largely driven by write-downs of assets linked to subprime mortgage investments.

The company had initially planned to raise $12.5 billion.

Copyright 2009 Reuters. Click for restrictions.
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CNBC HIGHLIGHTS

  • Ever wished your cab driver would stop chatting and just get to where you're going? Well, that moment is closer than ever.
  • With Americans cutting back on spending, holiday tipping will take another hit this year.
  • T shirt man
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  • "The Who" will be the halftime act for Super Bowl XLIV on Feb. 7 in Miami. Is the NFL behind the times?
  • Zhu Zhu Pets are this year's must-have toy, fetching $40 or more on eBay.
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Current DateTime: 05:12:25 30 Nov 2009
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