BHMTom

Fast Money Recap - AIG Bonuses Just Business as Usual (12/22/08)

Yes the CEOs do make some bucks, but they are gonna make that from any number of companies. AIG is lucky to have em. Instead of being a bed wetter, take 3Million dollars and buy some stock, TODAY! $1.50...If this pulls out and the stock gets back up to the $30-$40 range, are you as guilty as the CEO for making a buck. The risk is there for the taking. Orportunty is knocking, stop bitching about such pedestrian issues and wake up or go away.

Fast Money Recap - AIG Bonuses Just Business as Usual (12/22/08)

AIG has our million dollar life insurance, Term, big deal, I can do business with any number of companies. At sub $150 per share is this a good buy. Will the US help prop up this dog a third btime or let Mr Marketb eat its lunch. WAMU took my wifes company for 1.3 Billion, No government bail out. What make anyone sure AIG will get a third feeding at the taxpayer's trough? I want to inves for short term gains, but looks like the life supports are not working.

Automaker Bailout Fails: This Is Not Good

I too am glad government is keeping out. The best this GM could is buy Honda, Toyata, stock. Become a paper pusher rather than a car company. I can't recall the last time my extended family bought an American car last. And the unions refusal to take part of the blame. Obamma wants to raise minimum wage to $9.50 per thats a $2.00 increase. That is a multiple of X5 for the imbedded union contracts. Listen to me guys!!! Thats a $10.00 hour raise for uneducated monkeys slapping bolts to a car that engine came from Germany, Transmission from france, panels stamped in Mexico and radio made in Canada. Its a stock holder gamble and if they become toast, the real losers are the stock holders. I say Chapter 11 sell off assestes and reorganise. The world didn't stop when the unions killed Eastern Airlines. I say look for a buy of GM on no bail out news coupled with news of Chapter11. I'm pulling the buy trigger if GM hits the $2.00- $2.50 range. Load the boat for a nice jump. then remain long term short GM.