cds

Former AIG executive Joseph Cassano, who led the insurer's ill-fated CDS unit, says he has no idea why the government paid full price to cover AIG's swaps, asserting that he could have "negotiated an appreciably better deal" for taxpayers.

In this low interest rate environment, returns on CDs are paltry. But they could still play a useful role in your portfolio of protecting your capital. Here are some tips for using CDs effectively.

A day after BP's stock took a 16% nosedive, the company maintains that it is "not aware of any reason which justifies this share price movement." BP also defended its financial health as reports questioned whether the company would have to file for bankruptcy.

1. Start your summer off with a bang. Grab a few friends, pitch in some cash for fireworks and head to a pyrotechnic-friendly area. Spend a couple days celebrating your newfound freedom with a spectacular light show. Just make sure to research the safety rules behind the thrills first. Estimated...

According to The Financial Times, AIG is hoping to piggyback on the SEC's fraud case against Goldman Sachs to recover $2 billion that it paid the investment bank. But what's missing from the article is any evidence that AIG has a case against Goldman.

If CDs are priced at $9.99 or less, would you buy them instead of downloading them? The Universal Music Group plans to test that premise by dropping prices on new CDs to $10 or lower -- hoping to reignite the world's love affair with the compact disc. Suggested list prices range from $6 to $10....

As the personal savings rate in the US has grown to 4.4% and continues to rise, Charles Schwab, TD Ameritrade and ING Direct are trying to entice investors to save a portion of that growing asset base with them.

While less than two weeks ago, the Congressional Oversight Panel said that it had found no "significant flaws in Treasury's implementation" of TARP bailout programs, on Tuesday, Special Inspector General Neil Barofsky (pictured) questioned why AIG counterparties were paid 100% of the values of...

More than 100 banks have failed this year, and even the government acknowledges that many more will probably fold before 2009 draws to a close. In most cases, ordinary citizens who have accounts are protected by FDIC insurance. Yes, there's certainly a hassle involved, especially if you have bills...

For more than a decade, some smart, successful investors have been telling me that Amazon.com (AMZN) would not succeed, because its business plan was flawed. Meanwhile, the company built its reputation as an online bookseller, added products, and boosted sales. During that time, Amazon's stock was...