AIG trading down 37%

CFA General
#1

oh boy, anyone thinks this one is going under too ?

#2

I think it is difficult that this will go down as well… the 37% is also due to the high volatility in the market.

#3

I hope AIG will not fall the same destiny of LEH… AIG Falls After Failing to Give Plan to Save Rating: http://www.bloomberg.com/apps/news?pid=20601087&sid=aP8_E7lVpblE&refer=home

#4

Is the 90% fall from Jan 1st market volatility??

#5

doworkson Wrote: ------------------------------------------------------- > Is the 90% fall from Jan 1st market volatility?? that is due to the balance sheet of this company…although volatility has always an impact. However what will happen today is due to the market sentiment…which in this case will increase vol

#6

doworkson Wrote: ------------------------------------------------------- > Is the 90% fall from Jan 1st market volatility?? It’s just a flesh wound.

#7

'tis but a scratch. http://www.youtube.com/watch?v=2eMkth8FWno

#8

I had bought AIG puts on thursday and sold friday morning. Made good money, but could have been a homerun. AIG is in diff businesses than LEH - although they still have all that exposure to Euro real estate. Insurance is a still a great business and they have the airplane leasing which they paid 10 bil for a long time ago and is prolly worth more today. I think AIG will make it.

#9

it’s < 5.00 now

#10

Oh man…

#11

stay away

#12

At 3.87 now… WFT!!!