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Printable Version of Topic "Will AIG fail?"

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---- Will AIG fail? (http://www.golivewire.com/forums/peer-yyypipn-support-a.html)


-- Posted by nicktodd at 4:04 pm on Sep. 15, 2008

.


-- Posted by Molfsontan at 4:05 pm on Sep. 15, 2008

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


-- Posted by dolce e gabbana at 4:06 pm on Sep. 15, 2008

yes


-- Posted by yankeefan at 7:50 pm on Sep. 15, 2008

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

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


-- Posted by MrIndigo at 9:55 pm on Sep. 15, 2008

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:)


-- Posted by shadowpool at 10:40 pm on Sep. 15, 2008

AIG is finished.


-- Posted by obvious child at 12:29 am on Sep. 16, 2008

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.


-- Posted by tkster at 4:36 am on Sep. 16, 2008

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


-- Posted by Meals on wheels at 6:48 am on Sep. 16, 2008

no they wont


-- Posted by allsmiles at 3:00 pm on Sep. 16, 2008

I'mma gonna say... yes. What do I win?


-- Posted by shadowpool at 3:10 pm on Sep. 16, 2008

Now might be a good time to short citi


-- Posted by HooHooHaa at 8:14 am on Nov. 4, 2008

AIG is finished... and it couldn't happen to a nicer bunch of people.


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