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News For: Scudder Variable AnnuityAIG takes $85B deal from Fed; FBI investigates American International Group Inc. may have agreed to take the U.S. government up on a two-year, $85 billion loan to help stave off bankruptcy, but now the nation's largest insurer faces an FBI investigation. NY MTA asks Barclays to pick up Lehman swaps NEW YORK, Sept 24 Reuters - New York's Metropolitan Transportation Authority is negotiating with Barclays Capital over whether the British bank will take over Lehman swap contracts as part of its purchase of the now bankrupt bank, the agency's chief financial officer said on Wednesday. City Council Approves Sale Of City Hall East Structure City Hall East won���t belong to the city much longer. Tuesday night, the City Council approved the sale of the 10-story building to a group called Howard CDM for $5.1 million. The developer plans to renovate the property at 100 Long Beach Blvd. Broadway and Long Beach Boulevard into offices. AIG OKs loan from Fed but still faces FBI probe American International Group Inc. may have agreed to take the U.S. government up on a two-year, $85 billion loan to help stave off bankruptcy, but now the nation's largest insurer faces an FBI investigation. Law enforcement officials said Tuesday that the FBI was investigating the New York-based insurer for potential fraud, as well as mortgage finance companies Fannie Mae and Freddie Mac, and ... TRS Investment Funds well-positioned to weather market turmoil The Board of the New York City Teachers��� Retirement System oversees several investment pools on behalf of its members including the Pension Fund and the Tax Deferred Annuity TDA Funds. The Dow Jones Is Getting Revitalized SAN DIEGO - Hello Philadelphia cream cheese and good-bye variable annuities! Editors of the Wall Street Journal have decided to replace AIG with Kraft Foods which leaves the Dow somewhat "unbalanced". Banking and Financial The FRB published guidance the "Guidance" on minority investments in banks and bank holding companies "BHCs". The Guidance can be used by private equity firms, sovereign wealth funds and other minority investors in banking institutions. Cuentas de ahorro y CDT, las apuestas del trimestre Bogot��. Las cuentas de ahorro bancarias y los Certificados de Dep��sito a T��rmino CDT son las opciones m��s indicadas en momentos de tensi��n mundial para los especialistas del mercado. ECB Calls For Bids In Long-Term Refinancing Operation FRANKFURT -Dow Jones- The European Central Bank Tuesday called for bids in its regular three-month long-term refinancing operation, held on a monthly basis. Handelsblatt.com Der Ton zwischen der Dienstleistungsgewerkschaft Verdi und den Arbeitgebern im Bankensektor versch��rft sich: Im Kampf um den Erhalt von Arbeitspl��tzen nach den j��ngsten Bankenfusionen, k��ndigte Verdi am Dienstag an, den sogenannten Tarifvertrag zum Rationalisierungsschutz Ende des Jahres zu k��ndigen. - |