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that thing is worth zero:
"In a WSJ article the CEO of AIG is quoted as saying, "I've told the government that if we have to sell them right now [units of the company], we may not be able to pay back what we owe." =AIG is not worth what it owes the government.
the momentum guys are running it up, even lehman brothers were 200 percent up on friday.
I don't think that government would let this baby die. It will do too much devastation to the economy. So there is 60% chance that I'd buy them. But it would be a long time investment for at least another 5 years.
Sold all my stocks last week and went short on metals/energy. Now, I am keeping 60% cash and buying Q, NOK and corporate bonds for the other 40%. I am pretty sure the Dow will go below 6000 :-)
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