The government very well could throw AIG under the bus. It has served it's purpose, averting disaster at Goldman Sachs. That is the "only" reason they were saved.
The traders trading AIG are the same traders playing the likes of a GM. Shows just how hard up we get for a little volatility. Congrats to anyone pulling profits from these tickers, but don't sit on these names.
Was the AIG Bailout a Goldman Bailout by Proxy? [View article]
Think about a future with no former Goldman Sachs or Monsanto employees working in the federal government. The hatred of ex oil men in government is but a mere diversion compared to these people.
Jim Rogers: It's Better To Let Financials Fail [View article]
I absolutely agree. Let them fail and send GM and Chrysler with them. Billions of dollars late of course. There is plenty of responsible banks to replace them.
Stocks with the Largest Short Positions [View article]
I hate to see anyone buying stocks right now on fundamentals, even shorting statistics. The reason the market is trading so thin right now is that all professionals know this market is going lower. Don't buy any of these names until you see the SP 500 in the 650-680 range. We may go a lot lower then that.
AIG Needs Dissolving [View article]
Stay Away from AIG - Barron's [View article]
Was the AIG Bailout a Goldman Bailout by Proxy? [View article]
Great post!
Jim Rogers: It's Better To Let Financials Fail [View article]
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Stocks with the Largest Short Positions [View article]
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