AIG
- Thread starter lynxville
- Start date
FinanceDude
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Aug 3, 2006
- Messages
- 12,483
Can this be moved to the "Stock" area of the forum??
I agree with FD about the correct location of this post. There's that old saw about "catching a falling knife" that's an old saw for a really good reason. The problem with AIG is that for a few imaginary dollars the Feds have confiscated 88% of this formerly fine company and charged loan shark interest rates for its capital infusion. The US government is going to make a fortune unless AIG becomes part of a social engineering experiment. It also appears to be a big step towards national socialism. (Yes, national socialism is a legitimate way to describe a government's economic system. It does not necessarily mean non-courteous men in brown shirts.)
