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Obama & Dodd Received AIG Campaign Money

After much talk about the $165 milion in AIG bonuses, it has now come to fruition that both Senator Dodd and President Obama were the two largest recipients of AIG campaign money.  They were the only two politicians that recieved over $100,000, in 2008, from the failing company.  Dodd received $103,100 and then Senator Obama [...]

Life Insurance Crisis: Are We in the Clear?

At Subprime Blogger, we have exposed the possibility of a life insurance crisis in the last few weeks.  A crisis that could cause any life insurance amount over $100,000 to suddenly vanish if insurers start going under.  The probability of life insurance companies failing grows greater with each significant stock market decline.  Life insurers have [...]

First the Mortgage Crisis, Now the Life Insurance Crisis?

Back in December we wrote the article First the Subprime Mortgage Crisis; Now the “Exotic” Mortgage Crisis? The article illustrated how we could see another wave of mortgage failures when “exotic” adjustable rate mortgages reset in the next two years.  We are slowly starting to see this play out as foreclosures remain at extremely high [...]

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