ken lewis went on TV and said AIG s hooked up to all the banks, without the Fed it is screwed. - 67% on the day and getting worse
Here it is the news… http://www.bloomberg.com/apps/news?pid=20601087&sid=a7owyQQ3Nxks&refer=home By the way… WaMu is 20% down
let it get screwed. serves em right
AIG failing would be a lot more frightening than what we’ve seen to this point. my fingers are crossed that it gets the help it needs, sheds some assets, and pulls through. otherwise, time to stock up on booze, bullets, those sorts of fun things. for your own portfolio’s sake, you don’t want AIG to fail.
Seems like this would be a good time for Warren Buffett to pull them out.
American Int’l-AIG is ‘far worse’ than Lehman, Jim Cramer says-CNBC Cramer says AIG can not be unraveled.
And Cramer is ALWAYS right.
daj224 Wrote: ------------------------------------------------------- > American Int’l-AIG is ‘far worse’ than Lehman, Jim > Cramer says-CNBC > Cramer says AIG can not be unraveled. Screaming buy, folks. You’re welcome.
amberpower Wrote: ------------------------------------------------------- > And Cramer is ALWAYS right. I hope you are kidding…
Fed has hired Morgan Stanley to negotiate AIG for bridge loan-CNBC
New York Governor Says AIG Can Access $20 Billion http://www.bloomberg.com/apps/news?pid=20601087&sid=aSZ0D0Xb6xzM&refer=home
does that mean half of the problem solved?
quorky Wrote: ------------------------------------------------------- > amberpower Wrote: > -------------------------------------------------- > ----- > > And Cramer is ALWAYS right. > > > I hope you are kidding… Um, yeah.
amberpower Wrote: ------------------------------------------------------- > quorky Wrote: > -------------------------------------------------- > ----- > > amberpower Wrote: > > > -------------------------------------------------- > > > ----- > > > And Cramer is ALWAYS right. > > > > > > I hope you are kidding… > > Um, yeah. You’d be surprised. There are people that follow him religiously. They will not hear otherwise. 
He is the king of pumping and dumping.
AIG has a TON more counter party exposure than anything that has went down already…If they go down, all hell will break loose in the OTC world…believe me, we do not want that
Bill & Ted’s Excellent Adventure!
Ha you got it my man…
There are people out there whose strategy is to short everything Cramer gives the buy recommendation.