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AIG bailout not a free lunch

…in isolation, the true break-even is $45.53. After adjusting all cash flows associated with sale of stock, the Treasury’s profit of $5 billion becomes a loss of $12.7 billion. ……

All in one day of reporting…

…folk: JPMorgan Said to Hire Ex-SEC Enforcement Chief McLucas for Loss Probe By Joshua Gallu and Dawn Kopecki JPMorgan Chase & Co., the biggest U.S. bank, has hired former U.S….

A Little Sleight of Hand

…months be the profit of around 800 million in the past four months ? That would be total profit (not loss) since the last quarterly profit and loss statement. The…

Going into Shock

…failure and death if not interrupted. Like all biochemistry, it’s pretty complicated. The commonest form of shock is called hypovolemic shock — that is, shock due to loss of blood…