Blackmail if the Fed does not approve its new loan. http://news.google.com/news?oe=utf-...&hl=en&q=AIG+bankrupt+Monday&btnG=Search+News
AIG should be allowed to fail. When management is out playing golf in foreign countries and living in $1700 ( of taxpayer $ ) a day suites; the management of AIG need to be put out onto the streets. The entire current generation of wall street need to be on the street before the culture of greed can be overcome.
is this post serious? finical companies after the 2005 bankrupcy laws loose everything if they go bankrupt. if a ceo has his shareholes best intrest in mind, how is filing chapter 11 monday help shareholders?
This is just a link to a Google search. Do you have an actual reference - article - that says AIG may declare bankruptcy before Monday's open? If not then the title of this thread is misleading. If so, please post a link. Thanks.
Thanks for the link, but this is from November 3rd and says nothing about AIG declaring bankruptcy before this coming Monday's open. This is a very misleading - and untruthful - thread. And by the way, you also started another thread in another forum...WTF?
I disagree. So AIG executives are working threw the weekend negotiating another emergency loan from the Fed. If the Fed says no, AIG will go along its business and live happily ever after. No! AIG is again on the brink of bankruptcy, Hence the need for another emergency loan before it reports earnings on Monday. http://www.marketwatch.com/news/story/AIG-talks-government-over-new/story.aspx?guid={92C4EF08-68EA-4E4B-908E-36DDE1BD2E55}