HONG KONG, Aug 22- A Chinese retailer is offering insurance to customers who buy infant milk powder, highlighting the lengths to which companies are going to address concern about food safety in China.» Read More
WaMu to JPMorgan. Now Wachovia to Citi? What all this bank-on-bank action means for your money, wherever it happens to be.
Carmen takes more questions after the show.
Carmen and our experts answer the questions you're probably wondering yourself about what to do to protect your money.
Insurance companies have gotten away from their core competencies and that is "dangerous," said New York State Insurance Superintendent Eric Dinallo.
Investing experts and economists worldwide weigh in on AIG and what this recent run of bailouts means for financial sectors across the globe.
Former Allstate CEO Edward Liddy will be the new CEO of AIG, which was rescued by an $85 billion loan from the Fed, in exchange for an 79.9% stake in itself.
What’s insured, what’s not, and what to do if you’re worried about your bank’s future.
American International Group will avoid bankruptcy with the help of an $85 billion bridge loan from the federal government, in exchange for an 80 percent stake in itself, sources told CNBC.
Ask Cramer and he'll tell you that the regulators didn't regulate. And that's why we're in this mess.
If Washington doesn't want to see the Dow lose another 1,000 points, it better help this company.
If this company goes under, Cramer says, the market will freeze.
American International Group will get an $85 billion loan from the federal government in exchange for an 80% stake in itself. Was this the right move?
Investment experts from around the globe offer their advice on what investors can do in the wake of the latest financial turmoil.
Dick Fuld and Robert Willumstad missed plenty of chances to save their firms. Now one company is gone and the other is in danger of collapse.
American International Group, which is seeking up to $40 billion in bridge financing from the Federal Reserve, is no longer in talks to receive help from billionaire investor Warren Buffett, CNBC has learned.
It would be a "tragedy" if the government let this company fail, he says.
Don't count on Warren Buffett to "rescue" AIG as its white knight. A few minutes ago, CNBC's David Faber reported on the air that Buffett is "no longer" in talks with the insurer "about an investment or anything else."
Troubled insurance giant American International Group has hired JP Morgan Chase to advise on raising new capital or come up with some kind of deal that infuses the company with enough money to prevent a possible dowgrade, CNBC has learned..
Investors skittish about further losses in the financial industry have pounced on the American International Group, the beleaguered insurance company that has reported some of the biggest losses in the spreading credit crisis, said the New York Times.
While the financial sector looks gloomy as Lehman Brothers continues its search to find a suitor, there are still attractive companies in the sector, Wouter Weijand, chief investment officer for high income equity of Fortis Investments, told CNBC Friday.
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