AIG gets another 150 billion

[picantel]

Guys and gals we are in the wrong business. Gambling is not the way to go- work for AIG. They keep getting billions of dollars, blow it on hookers and booze, then get billions more. Dammit I need a corporate job there.

[jjgold]

Stock cannot miss with gov't backing them

[Kargo]

and yet the first thing they do is go on vacation as soon as they get the money, insane !

[Kargo]

not bad to host a $440,000 conference days after an $85 billion federal bailout, that's the way to go AIG !

I just e-mailed them my resume !

[THEGREAT30]

This is an educational thread for all the people that think paying your debts makes you a man or successful. I really think everyone's debts should be wiped out and we all can start over like nothing ever happenned.

[JBC77]

Stock cannot miss with gov't backing them

Thats what you think. They will burn through all the cash and then ask for more. End game: common shareholders will be absoutely worthless.

Do your homework on who gets paid first when a company goes belly up....hint: it's not the common stockholders.

Also, study credit default swaps, counter party risk and the unregulated OTC market on which they are traded. Then come back and act like you know what your talking about.......