03-02-2009, 04:53 PM
grizzle Wrote:So any new opinions of AIG after the latest?
http://money.cnn.com/2009/03/02/news/com.../index.htm
I don't know, it sounds like a) AIG can do no wrong in the govt eyes, and b) the govt is doing everything BUT nationalism AIG.
They keep lending AIG money, and now they are receiving basically common stock in exchange, obviously banking on the AIG stock price to fly up at some point.
Maybe I'm misinterpreting, but it seems like the risk of AIG getting taken over is very low.
Thoughts?
4th quarter = 13 weeks = 91 days = 2184 hours = 131240 minutes
AIG is going to report $60 billion in 4th quarter loses.
AIG lost $457,177 a minute in the 4th quarter.
That's my thought.
"You cannot invade the mainland United States. There would be a rifle behind every blade of grass." - Admiral Isoroku Yamamoto
Every citizen should be a soldier. This was the case with the Greeks and Romans, and must be that of every free state.
-Thomas Jefferson
Spread my work ethic not my wealth.
Every citizen should be a soldier. This was the case with the Greeks and Romans, and must be that of every free state.
-Thomas Jefferson
Spread my work ethic not my wealth.