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  LiveWire / Teen Forums / Science & Business / Viewing Topic

Will AIG fail?
Replies: 11 — Last Post Nov. 4, 2008 8:14am by HooHooHaa
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Choice Votes Percent  
Yes 10 50%
No 10 50%
Vote Now! 20 Votes Cast
( nicktodd )


Connoisseur 		Reply
.

Post edited at 8:42 pm on Sep. 20, 2008 by nicktodd

4:04 pm on Sep. 15, 2008 | Joined: Oct. 2006 | Days Active: 386
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Molfsontan


Connoisseur 		Reply
I have no idea about this, seeing as I just got my electricity back 20 minutes ago.

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4:05 pm on Sep. 15, 2008 | Joined: Aug. 2008 | Days Active: 97
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dolce e gabbana


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Patron 		Reply
yes
4:06 pm on Sep. 15, 2008 | Joined: April 2006 | Days Active: 646
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yankeefan


Executive 		Reply
they need money; they need tons of cash to keep themselves afloat

this is one company the government won't dare let it fail

7:50 pm on Sep. 15, 2008 | Joined: July 2006 | Days Active: 171
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MrIndigo


Dairy Product Addict 		Reply
the government is asking Goldman and JP to lend AIG 75 billion.

If Goldman and JP refuses, AIG is probably dead.
well, you know for us college students, all those big firms falling might not be such a bad thing... just means a LOT more opportunities when we get out of school:)

9:55 pm on Sep. 15, 2008 | Joined: May 2008 | Days Active: 90
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shadowpool


Guru
Patron
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Tech Support Leader 		Reply
AIG is finished.

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You create your past.
10:40 pm on Sep. 15, 2008 | Joined: Nov. 2005 | Days Active: 893
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obvious child


Guru
Ad Free 		Reply
Let's see how the bridge financing from their subsidiaries works out.

It's too early to tell. Word is that New York is letting them suck cash out of their subsidiaries to met their liquidity issues. That just may work even if it does cost them in the future.

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"I give the probability of this working at zero" - Dan DeMatteo

12:29 am on Sep. 16, 2008 | Joined: Sep. 2005 | Days Active: 946
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tkster


Enlightened One
Patron 		Reply
Currently, pre-trading ... -4.39 (-62.27%).  If the Fed tries to drop interest rates, which it looks like they'll do, the rest of the little people are going to see higher inflation.

This is turning into a disaster because they weren't doing the right thing in the first place.  Now, things are going downhill even faster.

tk

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"Argentum qui amat, cum argento numquam satiabitur." ~ Solomon

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Meals on wheels


Personal Assistant 		Reply
no they wont
6:48 am on Sep. 16, 2008 | Joined: Aug. 2008 | Days Active: 8
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allsmiles


Enlightened One
Patron 		Reply
I'mma gonna say... yes. What do I win?

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3:00 pm on Sep. 16, 2008 | Joined: Aug. 2007 | Days Active: 565
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shadowpool


Guru
Patron
Support Leader
Tech Support Leader 		Reply
Now might be a good time to short citi

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You create your past.
3:10 pm on Sep. 16, 2008 | Joined: Nov. 2005 | Days Active: 893
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HooHooHaa


Novice 		Reply
AIG is finished... and it couldn't happen to a nicer bunch of people.
8:14 am on Nov. 4, 2008 | Joined: Nov. 2008 | Days Active: 1
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