Deals wrap: Separating from the government

August 6, 2010

The American International Group building is seen in New York's financial district March 16, 2009.    REUTERS/Brendan McDermid  American International Group reports better-than-expected quarterly results and says it has started talks on disentangling itself from the U.S. government. The insurer is nearly 80 percent-owned by the government. *View article

Hedge fund investors scarred by global credit crisis losses are setting their expectations lower and beginning to content themselves with smaller gains they would have balked at two years ago.  *View article

“Being an entrepreneur is like eating glass and staring into the abyss of death,” Elon Musk tells TechCrunch. *View article

Rolling Stone takes a look at the Wall Street reforms and asks: “But is the nightmare really over, or is this just another Inception-style trick ending?” *View Rolling Stone article

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