What went wrong at AIG? Despite US$110 billion in annual sales and assets in excess of US$1 trillion‚ on the 16th of September 2008‚ AIG accepted the Federal Reserve’s US$85 billion rescue package in order to prevent itself from facing a Chapter 11 filing. In exchange‚ AIG had given a 79.9% stake in the company to the government and also the right to suspend dividends previously issued to common stock and preferred equity. In all‚ US$184 billion in shareholder value was wiped out in less than a
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One thing kids like is to be tricked. For instance‚ I was going to take my little nephew to Disneyland‚ but instead I drove him to an old burned-out warehouse. "Oh‚ no‚" I said. "Disneyland burned down." He cried and cried‚ but I think that deep down‚ he thought it was a pretty good joke. I started to drive over to the real Disneyland‚ but it was getting pretty late. ¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬Better not take a dog on the space shuttle‚ because if he sticks his head out when you’re coming home his face
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Everything Went Wrong! Where do I begin? I woke up early feeling refreshed. I had completed my morning workout and routine. I thought this would be the best day ever‚ but at a blink of an eye everything started changing for the worst. Even though we have bad day everyday is a learning experience. On the morning of November 23‚ 2010‚ I’m very excited that it’s my anniversary on my job. Around 7:45 a.m. this morning I received a disturbing call from my special friend. The first thing that I noticed
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How I spend my leisure time: Free time is a something everybody needs. Free time always people to express themselves in many different ways. Moreover‚ some people can become so busy in life they don’t have time for free time‚ which may seems impossible to some. Furthermore‚ most people set aside a time where they are free to do whatever it is they enjoy doing. I on the other hand‚ love and enjoy free time; I spend my free time doing things that makes me happy. Three ways I spend my free
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Hi I am Josette I am a young country girl from Cottonport Louisiana I’m originally from Ottawa Illinois but I was brought up in Louisiana so I consider myself as a country girl when I was the age of 8 I had went to a church called Life Points at that time I was lost and lonely and needed a savior. Well I was on my way home from my grandma’s then I met this man named Jacob he introduced me to God and ever since then I have been a believer sometimes I always slipping but he helps me get back on my
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This summer I was a rebel. I wouldn’t listen to my mom; I would lie to her and yell at her all the time because of people I thought were my friends. This summer I learned two lessons. It all started at the beginning of the summer. I started hanging out with my best friend‚ going to dances with her mom‚ and sometimes even with my mom. At one of the dance I went to there was really loud Mexican music. We were all dancing and having a great time. I met this girl named Brittney and her friend Sofia we
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The most difficult time is the period when I came to America. I was born in China and lived there for 20 years. The new environment for me was unfamiliar and challengeable. My English was poor and hard to understand‚ so that I was afraid to speak English to people. But if I want to stay here‚ I must solve this problem. Therefore‚ I went to the adult school to improve my oral English. During the idle time‚ I watched the CNN student news to broaden my horizon and to know more about America. Nowadays
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Third Time I Broke My Arm Michael Middleton I was wondering what the most memorable moment in my life was. I know what normal thing to say is when I met my wife or when my kids were born all though those are truly memorable moments. I want to say something like when my mother bought me my first ATV for Christmas but the one that truly sticks out in my mind was the third time that I broke my arm which is a truly amazing story. It was a Saturday evening in the late 80’s early 90’s and I was dropped
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If I Could Go Back In Time Well‚ this is my true story and my true experience. If I could go back in time‚ I really want to go back when I was a little girl and 10 years old‚ 8 years ago. With a happiness in my life at that time‚ when I still have my complete parents‚ my beloved mother and my beloved father. I was born in Balikpapan‚ Kalimantan Timur and grow up in Balikpapan. In march 2008‚ suddenly my father got sick‚ he said that his neck was painful. My mother asked him to go to the hospital
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The last time I tried to persuade someone‚ what the time when I tried to convince my brother to leave the gang life and his so called friends alone. It was the summer of 96’ when I heard that my brother was locked up for breaking in a car with his so called friends and they got caught. The judge gave them 6 months. He was the last one to come out for some reason unknown. I was thinking that his friends had put the whole thing on him. This was the first time I tried to talk to him in leaving his friends
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