05-08-2009, 11:28 AM
Vanraw Wrote:Question here on AIG.
Where do you guys think this is going? This is one of the few financial stocks that has not rebounded with the others. Its also one of the companies that has massive government investment / ownership.
I just wonder how much of a long term risk this is at $2.
I was against the bailout from the beginning and still am. Even though the US tax payer has bilions invested in them I hope they collapse. Maybe if they collapse hard enough and we lose our asses it'll make the jackasses in Washington think twice about bailing out private institutions with tax payer money again.
I wouldn't touch that stock.
"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.