National News
Viewing comments for:
AIG Has Drawn $90.3 Billion of $123 Billion Government Loans
National News • October 24, 2008
American International Group Inc., the insurer saved from bankruptcy by a federal bailout, has borrowed $90.3 billion from the Federal Reserve.
Figures released by the Fed late on Thursday showed ...
Insurance Journal is not responsible for the content of the message below.
| Subject | Posted By | Posted On |
|---|---|---|
| $5.26 million raise | Oct 28, 2008, 1:23 pm |
|
| RE: RE: aig bail out | stckbyr | Oct 27, 2008, 8:28 pm |
| RE: 'Boxing gloves' replace 'good hands,' lawyers charge | stckbyr | Oct 27, 2008, 8:19 pm |
| RE: RE: RE: RE: aig bail out | Baxtor | Oct 27, 2008, 4:22 pm |
| RE: RE: RE: aig bail out | Reverend-CPCU,CLU,FLMI | Oct 27, 2008, 3:45 pm |
| RE: RE: aig bail out | joe | Oct 27, 2008, 2:06 pm |
| RE: RE: aig bail out | Allan | Oct 27, 2008, 2:00 pm |
| RE: aig bail out | Doctor J | Oct 27, 2008, 1:20 pm |
| 'Boxing gloves' replace 'good hands,' lawyers charge | Oct 26, 2008, 5:56 pm |
|
| RE: RE: bail out insurance. more of the same old bull/... | Oct 26, 2008, 5:14 pm |
|
| RE: bail out insurance. more of the same old bull/... | $50 billion a year in insuranc | Oct 26, 2008, 5:04 pm |
| bail out insurance. more of the same old bull/... | Oct 26, 2008, 4:58 pm |
|
| aig bail out | chris | Oct 25, 2008, 1:29 pm |
| Back to article | ||
Subject: RE: RE: aig bail out
I think AIG will have to continue to post additional collateral and will blow through the total government approved amount. That collateral will be needed for years because AIG will never get the ratings improvements it needs to be able to recapture posted collateral to pay off the government.
I believe this company and the government are stuck together for years before the advanced funds can be fully recovered, if ever, and the interest the government loan is at will ultimate bleed AIG to the point it cannot provide a decent return to its non-government shareholders.