If you bought AIG stock about ten days ago, you could have quadrupled your money by today. It doesn’t make much sense, does it? Why are people buying AIG while the U.S. Congress sounds like they are about to eat AIG for lunch? There is either some serious irrational exuberance going on among investors or [...]
Posts Tagged ‘AIG’
AIG:Too Big to Fail – Too Big to Exist
Posted in Economy, Government, Life, politics, tagged AIG, Bailout, credit default swap on March 18, 2009 | 3 Comments »
A Couple of Questions About My New Ownership of Fannie, Freddie, and AIG
Posted in Economy, Government, Life, Thoughts, World Affairs, politics, tagged AIG, Bernanke, Paulson on September 17, 2008 | 2 Comments »
Dear Messrs. Paulson and Bernanke,
First of all, please allow me to express my admiration for the skillful way in which you have kept your hand(s) on the financial tiller, so to speak, of our U.S. Ship of State as we negotiate these treacherous waters and rapids of economic uncertainty. I would like to thank you [...]