AIG to post 60B loss come next Monday

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Dr Pain
Posts: 129
Joined: Thu Jan 10, 2008 7:19 pm

AIG to post 60B loss come next Monday

Post by Dr Pain »

This is per CNBC now. Wow, nice investment buy us taxpayers. I wish the board would put trade limits on Congress
"Privatized profits and socialized losses"


Dr Pain 2008

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TSPking
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Posts: 1066
Joined: Thu Nov 15, 2007 7:02 am

Post by TSPking »

Unbelievable. What do we have, an 80% stake in AIG?

AIG was just too big to fail. Good thing we got involved or our economy/market would have continued to fail :roll:
TSPking

It's a gift...and a curse ~ Adrian Monk

cbackous
Posts: 11
Joined: Fri Feb 20, 2009 11:11 pm

Post by cbackous »

should have saved the bailout money, let them flop. the system will correct itself over time

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lionround
Posts: 51
Joined: Fri Oct 24, 2008 3:58 pm

Post by lionround »

I still can't believe that these idiots in DC can't figure out that a poorly run company with not much money isn't any worse than a poorly run company with a lot of OUR money.
I was sad because I had no shoes, until I met a man who had no feet.
So I said, "Got any shoes you're not using?" -- Steven Wright

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