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-   -   AIG (https://www.early-retirement.org/forums/f28/aig-38962.html)

lynxville 09-22-2008 08:36 AM

AIG
 
Is it a buy or not? What do u think?

FinanceDude 09-22-2008 08:41 AM

Quote:

Originally Posted by lynxville (Post 718418)
Is it a buy or not? What do u think?

Can this be moved to the "Stock" area of the forum??

2B 09-22-2008 02:41 PM

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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