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muyh LATEST VIDEO: Tropical Storm Colin arrives
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Oqkr Ex-Georgia Senator Killed In Plane Crash
Updated 11:50 a.m. ETA former top executive of American International stanley cup Group Inc. says he told the truth about the company s losses while defending its compensation plan.Joseph Cassano, who led AIG s key Financial Products division, is expected to tell a special panel Wednesday that he did my very best to estimate the losses accurately ahead of the financial crisis, according to prepared testimony. AIG received $182 billion in bailout money. Cassano and other executives of AIG and Goldman Sachs Group Inc. are appearing before the Financial Crisis Inquiry Commission, a bipartisan panel created by Congress to examine issues surrounding the crisis.The hearing focuses on derivatives, the instruments at the heart of the meltdown. It will also examine the relationship between the two giant companies and the derivatives trades they made leading up to the crisis. I was truthful at all times about the unrealized accounting losses and did my very best to estimate them ac stanley quencher curately, Cassano said in his prepared testimony.It was Cassano s first public testimony since the financial crisis erupted that pushed AIG, one of the world s largest insurance companies, to the brink of collapse.When AIG posted a loss for the fourth quarter of 2007, it pinned the blame on an $11 billion writedown related to the credit default swaps he stanley tumblers ld by its Financial Products unit. If AIG couldn t make good on its promise to pay off the contracts, regulators feared t Hdfz No Pray, No Play
SAN DIEGO KGTV - Fliers with the innocuous headline Jobs Jobs Jobs, have been popping up around San Diego s Little Italy 鈥?but t air max 1 hey also include racially charged language appearing to target white people.KGTV obtained several variations of the flier. While the language varies slightly, they all use the same font and have similar themes.Alyssa Ermann said she received one on her windshieldin late April. It appeared to be a jobs flier, promising to make you rich if you join adidas campus herren us. Then it continued, we are killing off the entire evil white race by making them addicted to cocaine, crack, spiked marijuana, spice, meth, heroin, hash, and other poisons, to kill them. The fl yeezy iers are anonymous, but typically include numbers to local businesses. They also end with Latino Power - Viva la Raza. Ermann speculated it may be an art project but had no idea where they came from.San Diego Police did not confirm whether or not they are investigating the fliers.
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