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AIG - Government Bail out back on the table

Discussion in 'BBS Hangout' started by DaDakota, Sep 16, 2008.

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  1. DaDakota

    DaDakota Arrest all Pedophiles
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    Just heard on CNN, the Feds are probably going to bail out AIG.

    DD
     
    #1 DaDakota, Sep 16, 2008
  2. ferrari77

    ferrari77 Member

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    Why AIG and not Lehman???
     
    #2 ferrari77, Sep 16, 2008
  3. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
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    aig>>>>>leh
     
    #3 robbie380, Sep 16, 2008
  4. DonkeyMagic

    DonkeyMagic Member
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    i'm not for govt bailouts but if it's done, management should all be fired with no cushy payouts.
     
    #4 DonkeyMagic, Sep 16, 2008
  5. rrj_gamz

    rrj_gamz Member

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    LOL...I guess much less exposure with AIG vs. Lehman...who knows...I think it's a bad move, again...
     
    #5 rrj_gamz, Sep 16, 2008
  6. Invisible Fan

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    Lehman is less interconnected than AIG. AIG's has over a trillion worth in derivatives. I think Lehman had ~600 million.

    The future moral hazard won't being too big to fail, but being too interconnected to fail.

    edit: Interesting article overall...
    And now comes the insurance crisis
    http://www.eurointelligence.com/article.581+M53a96701078.0.html

     
    #6 Invisible Fan, Sep 16, 2008
    Last edited: Sep 16, 2008
  7. Supermac34

    Supermac34 President, Von Wafer Fan Club

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    So at what point should we just let some of these companies fail, take the hit, and start building again, and at what point does the government have no choice but to bail out.
     
    #7 Supermac34, Sep 16, 2008
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