AIG bail out!

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  • DateDoc
    Outside looking in.
    • Feb 2005
    • 14243

    #1

    AIG bail out!

    NY Fed hosting meetings on AIG: official

    WASHINGTON (Reuters) - The New York Federal Reserve was hosting meetings on Monday on the situation of embattled insurer American International Group Inc (NYSE:AIG - News) with representatives of the Treasury Department, financial services firms and state officials, an official said on Monday.

    http://biz.yahoo.com/rb/080915/lehman_newyorkfed.html
  • LiveDose
    Show Yer Tits!
    • Feb 2002
    • 25792

    #2
    And the hits just keep on coming... There's more to come.

    Scammer Alert: acer19 acer [email protected] [email protected] Money stolen using PayPal

    Comment

    • xmas13
      Confirmed User
      • Dec 2004
      • 5176

      #3
      Cheaper oil, rising USD, affordable real estate!
      ICQ 557504926

      Comment

      • DateDoc
        Outside looking in.
        • Feb 2005
        • 14243

        #4
        AIG has to raise $75 billion tomorrow or will file for bankruptcy on Wednesday. They are done!!

        Comment

        • D Ghost
          null
          • May 2006
          • 9819

          #5
          rollin rollin rollin

          Comment

          • tony299
            lurker
            • Aug 2002
            • 57021

            #6
            I wonder how long before it trickles down to us.

            Comment

            • marketsmart
              HOMICIDAL TROLL KILLER
              • Dec 2004
              • 20419

              #7
              Originally posted by DateDoc
              AIG has to raise $75 billion tomorrow or will file for bankruptcy on Wednesday. They are done!!
              i think they are going to make it.. b of a and jp morgan have the cash to give if they can work out a deal.. they just freed up 20 billion that will buy them a few weeks from what i have been hearing...

              Comment

              • GAMEFINEST
                Make STACK$
                • Nov 2006
                • 14472

                #8
                they going down..
                Compound interest.

                Comment

                • DateDoc
                  Outside looking in.
                  • Feb 2005
                  • 14243

                  #9
                  Originally posted by GAMEFINEST
                  they going down..
                  Looks that way. AIG down 42% in pre-market trading. Current price ~$2.75.

                  Comment

                  • DateDoc
                    Outside looking in.
                    • Feb 2005
                    • 14243

                    #10
                    ouch down 52% now

                    Comment

                    • DateDoc
                      Outside looking in.
                      • Feb 2005
                      • 14243

                      #11
                      down 60%.....

                      Comment

                      • DateDoc
                        Outside looking in.
                        • Feb 2005
                        • 14243

                        #12
                        down 65%

                        Comment

                        • Manowar
                          jellyfish  
                          • Dec 2003
                          • 71528

                          #13
                          Think this will be the end of them

                          Comment

                          • IllTestYourGirls
                            Ah My Balls
                            • Feb 2007
                            • 14311

                            #14
                            No one is coming to save them?

                            Comment

                            • Manowar
                              jellyfish  
                              • Dec 2003
                              • 71528

                              #15
                              Originally posted by IllTestYourGirls
                              No one is coming to save them?
                              FED and other banks maybe... but they would wait till last minute

                              think some money has already been promised, but it's not looking good

                              Comment

                              • sweetredhead
                                Confirmed User
                                • Jun 2008
                                • 443

                                #16
                                doesnt look good at all, this sucks all my personal insurance is with AIG, damn it, damn it, cant these companies just learn to control how much they risk.
                                Brooke
                                [email protected]

                                Comment

                                • IllTestYourGirls
                                  Ah My Balls
                                  • Feb 2007
                                  • 14311

                                  #17
                                  Originally posted by Manowar
                                  FED and other banks maybe... but they would wait till last minute

                                  think some money has already been promised, but it's not looking good
                                  I really dont see the FED doing it but I may be wrong.

                                  Comment

                                  • OG LennyT
                                    Wall Street Pimp
                                    • Jun 2003
                                    • 14345

                                    #18
                                    Originally posted by AIG website
                                    The proof of any organization’s success, of course, is in its achievements. With a history of strong performance dating back to 1919, we are a leader among the world’s insurance and financial services companies. You can be comfortable knowing your career with us comes with the confidence of superior performance and the support of a true global leader.

                                    doh
                                    Tradeking - my online broker | 4.95 a trade | make real $$

                                    Comment

                                    • DateDoc
                                      Outside looking in.
                                      • Feb 2005
                                      • 14243

                                      #19
                                      People are making money off AIG today. Only down 40% now. If you bought at the low you could have doubled your money in a hour.

                                      Comment

                                      • yys
                                        Confirmed User
                                        • Aug 2001
                                        • 1922

                                        #20
                                        Someone is going to pick up the pieces. I'm going to guess it will be Manulife.

                                        Comment

                                        • DateDoc
                                          Outside looking in.
                                          • Feb 2005
                                          • 14243

                                          #21
                                          Originally posted by IllTestYourGirls
                                          No one is coming to save them?
                                          It does not look like it. Shame really as they have assets just no cash but then they should have seen this coming and bolstered their cash on hand.

                                          Comment

                                          • DateDoc
                                            Outside looking in.
                                            • Feb 2005
                                            • 14243

                                            #22
                                            Wall Street sources are saying The Fed is talking about bailing out AIG.

                                            Comment

                                            • pocketkangaroo
                                              Confirmed User
                                              • Jan 2005
                                              • 8452

                                              #23
                                              Yeah, saw that too. Fed saying that some sort of bailout is not out of the question. There is no way they can do this privately, going to have to be government funded.

                                              Comment

                                              • Mordhaus
                                                Confirmed User
                                                • Aug 2008
                                                • 165

                                                #24
                                                if they go tits up does this mean I dont have to finish paying off my car loan to them? LOL
                                                email boss /at\ mordhaus.com

                                                Comment

                                                • Manowar
                                                  jellyfish  
                                                  • Dec 2003
                                                  • 71528

                                                  #25
                                                  Originally posted by pocketkangaroo
                                                  Yeah, saw that too. Fed saying that some sort of bailout is not out of the question. There is no way they can do this privately, going to have to be government funded.
                                                  Yep, and more will follow, I wonder at what point they will have to stop.

                                                  Comment

                                                  • Twoface31
                                                    Confirmed User
                                                    • Sep 2006
                                                    • 2746

                                                    #26
                                                    ummmmmm strange

                                                    Email: <span style="color:Cyan">[email protected]</span>
                                                    HentaiG4h * Lusty Life
                                                    ICQ: 291-953

                                                    Comment

                                                    • pocketkangaroo
                                                      Confirmed User
                                                      • Jan 2005
                                                      • 8452

                                                      #27
                                                      Going to be an extremely big bailout. I mean these guys were in need of $70-$80 billion. Our tax dollars hard at work.

                                                      Comment

                                                      • Manowar
                                                        jellyfish  
                                                        • Dec 2003
                                                        • 71528

                                                        #28
                                                        Originally posted by pocketkangaroo
                                                        Going to be an extremely big bailout. I mean these guys were in need of $70-$80 billion. Our tax dollars hard at work.
                                                        if you think about Fannie and Freddie, it would just make you depressed

                                                        Comment

                                                        • baddog
                                                          So Fucking Banned
                                                          • Apr 2001
                                                          • 107089

                                                          #29
                                                          Originally posted by IllTestYourGirls
                                                          No one is coming to save them?
                                                          I heard the Fed aren't going to.

                                                          Comment

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