AIG to be broken up and ended

Discussion in 'Wall St. News' started by wilburbear, Aug 5, 2009.

  1. Wall Street banks and lawyers could collect nearly $1 billion in fees from the Federal Reserve Bank of New York
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    At least they have to actually do some work for the money unlike the unemployed standing around with their hands in their pockets waiting for a check.
     
  2. poyayan

    poyayan

    Could someone tell me why it needs 1 billion to clean up?
     
  3. Tide31

    Tide31

    Haha, no way . . . I thought we'd see this tonight!

    AIG $22.01 +$8.48 (64.7%)

    - Today before the article. With an 80% ownership by the government, who benefits from this move most, and most probably a leak from there, what do you think the chances of an investigation into todays stock movement with no news? I put it at 1% . . . Can never say zero. So much for Reg FD?? Guess that only counts when dealing with private sector. With regards to gov't - "tell all your friends quick before it gets out!"
     
  4. Sometime within '09, AIG will not exist.
     
  5. kxvid

    kxvid

    ignorance is bliss
     
  6. You know, I laugh at every douchebag I see wearing a Manchester United jersey with the big AIG logo on the front.
     
  7. AAA30

    AAA30

    +1 :D
     
  8. vikasd

    vikasd

    If the fees are $1B AIG is worth at least 20X of that...
     
  9. And once its dead and gone the forensic accounting experts will have an even harder time.

    Conduit accompli
     
    #10     Aug 6, 2009