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Old 09-22-2008, 08:36 AM   #1
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AIG

Is it a buy or not? What do u think?
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Old 09-22-2008, 08:41 AM   #2
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Quote:
Originally Posted by lynxville View Post
Is it a buy or not? What do u think?
Can this be moved to the "Stock" area of the forum??
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Old 09-22-2008, 02:41 PM   #3
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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.)
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