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2 pts

Opinion on  American International Group Inc. (AIG)     Sector: Financial  >  Industry: Insurance (Prop. & Casualty)
What the hell was I thinking

Sep 17, 2008 02:09 PM GMT
Pearls2008916800207
Return Risk
+0.78% MID
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It's interesting that AIG gets it's bridge loan, buying time to help right itself, and it it selling down down down. Is it the interest rate or the terms that the goverment gave them? 

 


AIG:  This call was made on 09/17/08 @ $2.29
Rating:   Negative   $2.29 (09/17/08)
Closed:   09/18/2008 @ $2.3601 (-3.06% in 1 day)


Comments (3)

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Don Gardon   N/A     0 point   commented 539 days ago reply

Any of the other big share holders from AIG selling off? Greenberg is selling off only a 'portion' just cause he's a whiny little bitch who wants to get his name in the papers. Didn't strain anything to get an answer to my question but suspect if there is any selling going on it's not out of the ordinary. Once the papers get tired of Greenberg's whining and he actually does whatever it is he's going or not going to do the market will find a value for AIG that isn't so absurdly low.

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giacomof   N/A     0 point   commented 547 days ago reply

America has nationalised both mortgage providers plus the largest insurance company.Was it worth opposing marxist regimes for so many years only to turn into something similar? Giacomo

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giacomof   N/A     0 point   commented 547 days ago reply

America has nationalised both mortgage providers plus the largest insurance company.Was it worth opposing marxist regimes for so many years only to turn into something similar? Giacomo


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Who voted on this idea?
Don Gardon N/A 09/25/2008



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Positive -43.03% Looks like AIG will make it.
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