Advertisement

February 28, 2012

Why Treasury Is Being So Nice to AIG

Felix Salmon, Reuters

Send to a Friend

Andrew Ross Sorkin today asks why Treasury is letting AIG keep billions of dollars in net operating losses, rather than forcing it to pay income tax. I’ll hazard a guess at one part of the answer, as informed by my conversation with Jim Millstein in October 2010. . .

Read Full Article ››

TAGGED: U.S. Treasury, AIG, felix salmon

RECOMMENDED ARTICLES

May 18, 2012
Saverin & The Stateless Billionaires
Felix Salmon, Reuters
May 17, 2012
The Smart Money Exits Facebook
Felix Salmon, Reuters
The Facebook IPO is now set to raise an absolutely astonishing amount of money — as much as $18 billion, if the greenshoe is exercised and the offering prices at the top of the indicated range. As a result, it’s... more »
May 9, 2012
Let's Go Buy A House!!
Felix Salmon, Reuters
May 7, 2012
How Venture Capital Is Broken
Felix Salmon, Reuters
May 7, 2012
The Neutrino Arbitrage
Felix Salmon, Reuters