AIG Downgraded! Terrible news

[stockstradr]

Armageddon is when the rest of the world feels that the US tax payer cant afford to pay for this mess.

You’re close. I agree with the slant of your comment.

Armageddon is when foreign powers conclude the US will devalue the dollar to inflate our way out of massive debt (which we owe mostly to foreign nations). Then those nations will dump the dollar as the de facto reserve currency.

I believe that particular form of Armageddon is now INEVITABLE for the US dollar. It is merely a matter of time. The EURO, the RMB, and gold will likely benefit.

[stockstradr]

Whatever one thinks of Spitzer, I firmly believe he was on the right track with many of these financial corporations.

I absolutely agree. One recalls the (now ironic) many articles and opinion pieces in the WSJ that chastized Spitzer for his “unwarranted and overzealousness” in bringing about the “retirement” of ex-CEO Greenberg.

In retrospect, it CERTAINLY now does look like Greenberg deserved to be FIRED, and Spitzer was right all along about Greenberg.

[stockstradr]

Whatever one thinks of Spitzer, I firmly believe he was on the right track with many of these financial corporations.

I absolutely agree. One recalls the (now ironic) many articles and opinion pieces in the WSJ that chastized Spitzer for his “unwarranted and overzealousness” in bringing about the “retirement” of ex-CEO Greenberg.

In retrospect, it CERTAINLY now does look like Greenberg deserved to be FIRED, and Spitzer was right all along about Greenberg.

[stockstradr]

Whatever one thinks of Spitzer, I firmly believe he was on the right track with many of these financial corporations.

I absolutely agree. One recalls the (now ironic) many articles and opinion pieces in the WSJ that chastized Spitzer for his “unwarranted and overzealousness” in bringing about the “retirement” of ex-CEO Greenberg.

In retrospect, it CERTAINLY now does look like Greenberg deserved to be FIRED, and Spitzer was right all along about Greenberg.

[stockstradr]

Whatever one thinks of Spitzer, I firmly believe he was on the right track with many of these financial corporations.

I absolutely agree. One recalls the (now ironic) many articles and opinion pieces in the WSJ that chastized Spitzer for his “unwarranted and overzealousness” in bringing about the “retirement” of ex-CEO Greenberg.

In retrospect, it CERTAINLY now does look like Greenberg deserved to be FIRED, and Spitzer was right all along about Greenberg.

[stockstradr]

Whatever one thinks of Spitzer, I firmly believe he was on the right track with many of these financial corporations.

I absolutely agree. One recalls the (now ironic) many articles and opinion pieces in the WSJ that chastized Spitzer for his “unwarranted and overzealousness” in bringing about the “retirement” of ex-CEO Greenberg.

In retrospect, it CERTAINLY now does look like Greenberg deserved to be FIRED, and Spitzer was right all along about Greenberg.

[Arraya]

http://www.reuters.com/article/newsOne/idUSLAU67097420080916

NEW YORK (Reuters) – American International Group Inc has hired law firm Weil Gotshal to draw up bankruptcy papers, the New York Times reported on Tuesday.

AIG could file for bankruptcy as soon as Wednesday if a financing solution is not reached, according to the Times, citing a person briefed on the matter.

[Arraya]

http://www.reuters.com/article/newsOne/idUSLAU67097420080916

NEW YORK (Reuters) – American International Group Inc has hired law firm Weil Gotshal to draw up bankruptcy papers, the New York Times reported on Tuesday.

AIG could file for bankruptcy as soon as Wednesday if a financing solution is not reached, according to the Times, citing a person briefed on the matter.

[Arraya]

http://www.reuters.com/article/newsOne/idUSLAU67097420080916

NEW YORK (Reuters) – American International Group Inc has hired law firm Weil Gotshal to draw up bankruptcy papers, the New York Times reported on Tuesday.

AIG could file for bankruptcy as soon as Wednesday if a financing solution is not reached, according to the Times, citing a person briefed on the matter.

[Arraya]

http://www.reuters.com/article/newsOne/idUSLAU67097420080916

NEW YORK (Reuters) – American International Group Inc has hired law firm Weil Gotshal to draw up bankruptcy papers, the New York Times reported on Tuesday.

AIG could file for bankruptcy as soon as Wednesday if a financing solution is not reached, according to the Times, citing a person briefed on the matter.

[Arraya]

http://www.reuters.com/article/newsOne/idUSLAU67097420080916

NEW YORK (Reuters) – American International Group Inc has hired law firm Weil Gotshal to draw up bankruptcy papers, the New York Times reported on Tuesday.

AIG could file for bankruptcy as soon as Wednesday if a financing solution is not reached, according to the Times, citing a person briefed on the matter.

[kev374]

Fed has taken 80% ownership in AIG.

This is ridiculous! so the government has become a shareholder in the Insurance business now? Complete and utter baloney! How can they do this with our tax money.

No money for education, health care, infrastructure but they have money to save some greedy asses on Wall Street?

[kev374]

Fed has taken 80% ownership in AIG.

This is ridiculous! so the government has become a shareholder in the Insurance business now? Complete and utter baloney! How can they do this with our tax money.

No money for education, health care, infrastructure but they have money to save some greedy asses on Wall Street?

[kev374]

Fed has taken 80% ownership in AIG.

This is ridiculous! so the government has become a shareholder in the Insurance business now? Complete and utter baloney! How can they do this with our tax money.

No money for education, health care, infrastructure but they have money to save some greedy asses on Wall Street?

[kev374]

Fed has taken 80% ownership in AIG.

This is ridiculous! so the government has become a shareholder in the Insurance business now? Complete and utter baloney! How can they do this with our tax money.

No money for education, health care, infrastructure but they have money to save some greedy asses on Wall Street?

[Author]

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