How do you like it, how do you like it:
American International Group Inc (AIG.N) reported a quarterly loss of $8.9 billion on Friday and warned that it may need additional U.S. government support, even as it tries to pay back taxpayers after a $182.3 billion bailout.
They’ll get it, too. Too big to fail!
Entries Tagged as 'AIG'
More, more more
February 26th, 2010 · No Comments
Tags: AIG
Will we bail out Greece?
February 23rd, 2010 · No Comments
Ooooo, this would be bad:
AIG is the newest name to be linked with Greece as the bailed out insurer has emerged as a source of CDS on the troubled state.
Two reports this weekend, both based on a German newspaper article, cited the U.S. government owned firm as a key supplier of CDS on Greek debt.
This […]
Letter from an AIG employee
March 25th, 2009 · No Comments
In the New York Times. Long and good, but something stands out.
The writer, one Jake Desantis, asserts - quite correctly - that not everyone at AIG is resopnsible for the meltdown of the company; not all of those executives who got the bonuses were involved with the sale of the credit-default swaps which brought the […]





