Big K

Cramer's Mad Money - Unhealthy Interest in AIG (5/14/09)

Motley Fool says NAT raises dividend money by selling stock. Cash flow from operations doesn't cover the dividend. I've also heard this from other reliable sources such as Value Line. Cramer seems to disagree. Cramer needs to explain the discrepancy here, not simply deny it. Give us the numbers in a sober detailed analysis of the balance sheets. Yes, NAT has no debt and is not a failing company, but I don't understand how they can pay out dividends that are bigger than their cash flow and/or earnings. Apparently, dilution is the solution to dividend contribution.

Another Day, Another $30 Billion AIG Bailout

Why do we have to keep bailing out this loser? I think the government will eventually let if fall, because there is apparently no end to their losses. This one company's gambling losses may exceed the assets of the government. Why should the taxpayer's pay off gambling losses? I didn't benefit from the gains of this company, when it was a profitable company. Why should I be on the hook for their silly gambling games when they lose? The market won't bottom out until the banks and stupid companies are allowed to fail. Where are the reports of how these losses came about? We won't see any, because if the American people knew these details, they would not approve of bailing out the idiots.

Some Bank Behemoths Now Sub-Single Digit Midgets

I don't know why the folks in government don't ask to see AIG's books to see what the liability is. Perhaps they are afraid. I keep hearing about the 500 trillion dollar shadow banking system. Could AIG be sitting on the top of this heap with hundreds of trillions of dollars in future losses for the taxpayer? What is the depth of their corruption?