In March of 2009, politicians and citizens on both sides of the political aisle became irate after learning that Wilton-based financial giant AIG – which had just received more than $200 billion in taxpayer-funded federal bailouts after posting the largest single-quarter loss in U.S. corporate history – was planning to give nearly $220 million…
Tag: finance
March 21: Taxpayers Roll Against Bailout Bonuses
In March 2009, politicians and citizens on both sides of the political aisle became irate after learning that Wilton-based financial giant AIG – which had just received more than $200 billion in taxpayer-funded federal bailouts after posting the largest single-quarter loss in U.S. corporate history – was planning to give nearly $220 million in…
March 21: Taxpayers Roll Against Bailout Bonuses
In March 2009, politicians and citizens on both sides of the political aisle became irate after learning that Wilton-based financial giant AIG – which had just received more than $200 billion in taxpayer-funded federal bailouts after posting the largest single-quarter loss in U.S. corporate history – was planning to give nearly $220 million…
December 24: Financier Charles Dow Joins the New York Stock Exchange
Looking at the many hardships he faced during his Connecticut childhood, no one would have ever guessed that young Charles Dow would become one of the biggest names in American financial history. Dow was born in 1851 in Sterling to a family of farmers. Because his father and two brothers all died when he…
December 24: Financier Charles Dow Joins the New York Stock Exchange
Looking at the many hardships he faced during his Connecticut childhood, no one would have ever guessed that young Charles Dow would one day become one of the biggest names in American financial history. Dow was born in 1851 in Stirling to a family of farmers. Because his father and two brothers all died…
March 21: Taxpayer Anger at Bailout Bonuses Hits Home.
Editor’s Note: This article has been revised after a thoughtful reader argued that we had displayed a distinctive bias against AIG in the original post, and had in places advanced personal opinions as facts. After reading the critique, revisiting our source material, and weighing the reader’s objections, I had to agree with him. The…
December 24: Financier Charles Dow Joins the New York Stock Exchange
Looking at the many hardships he faced during his Connecticut childhood, no one would have ever guessed that a young Charles Dow would one day become one of the biggest names in American financial history. Born in Sterling in 1851 to a family of farmers, the deaths of Charles’ father and two brothers rendered…