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bbzz24 » Comments » AIG

  • Leverage 101: The Real Cause of the Financial Crisis [View article]
    so you blame it on the tool... rather than on the lame fool using it?!?
    !?
    not that leverage malfunctioned in any way...but because it was used for self harm.
    Sep 25 06:03 am |Rating: 0 0 |Link to Comment
  • Why I Bought AIG Last Week [View article]
    40bn were consumed the 1st day!
    in 2 years they will accrue 18.5bn additional interest payments to the fed.
    they will divest the non-core busenesses. but aren't those the most profitable? who would engage in non-core activities if they are less profitable? certainly they are more capital intensive than the core insurance business.
    so what will be thier earnings potential afterwards?
    Sep 24 02:58 am |Rating: 0 0 |Link to Comment
  • It's Time For a U.S. Sovereign Investment Fund [View article]
    sovereign wealth fund..... funded with 'treasuries'. HAHAHAHAAAA
    Sep 19 11:15 am |Rating: 0 0 |Link to Comment
  • Which Company Should Replace AIG in the Dow? [View article]
    that is easy the Federal Reserve: it has the biggest growth potential over the next few years.
    Sep 17 16:29 pm |Rating: 0 0 |Link to Comment
  • Banks on the Verge of a Nervous Breakdown [View article]
    high entertainment value! thanks a million!
    Sep 17 13:38 pm |Rating: 0 0 |Link to Comment
  • America Buys AIG  [View article]
    AIG is a 'viable business' that will be run by 'honest people'.
    You seem to be forgetting too quickly who was at the helm: Maurice 'Honest' Greenberg. I still wonder how he and Franklin Raines are not in jail for accounting fraud. The whole Arthur Andersen was indicted, but some well connected CEOs seem to always get a favorable interpretation of the law. And you think that their leutenants are not the same stock?
    AIG gets almost the same loan as Freddie/Fannie who in turn have 2.5 times bigger balance sheets each.
    And this 'viable business' was just downgraded. Since the Fed had seized it, it would be normal to downgrade it further because all existing debt is junior to the Fed's and fully collateralized by its assets. Even if you count as money good thier CDS, there is still only 90 cents on the dollar left for debt holders.
    Sep 17 05:49 am |Rating: 0 0 |Link to Comment
  • America Buys AIG  [View article]
    this is an outright nationalization, soviet style from the 20ties.
    Sep 17 02:37 am |Rating: 0 0 |Link to Comment
  • Government Intervention? Here's a Scorecard [View article]
    'The Bush Administration has followed the Paulson lead'

    This alone shows that in your analysis you put the cart before the horse: Paulson is part of the Bush Administration, but you may not fully comprehend this....
    Sep 16 07:11 am |Rating: 0 0 |Link to Comment
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