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Meltdown 101: Why Did the AIG Bailout Get Bigger?
National News November 12, 2008
It's a $150 billion gamble.
That's the size of the newly enlarged financial lifeline the U.S. government threw tottering insurance giant American International Group on Monday, expanding an aid ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: A Gamble, How is it a gamble when we've already lost? | Ralph | Nov 17, 2008, 3:04 pm |
| A Gamble, How is it a gamble when we've already lost? | Sheltowee | Nov 17, 2008, 2:06 pm |
| RE: CDS | Bang | Nov 17, 2008, 12:54 pm |
| RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: the AIG Bailout | Buckeye | Nov 17, 2008, 11:28 am |
| RE: too big -party time | Nov 16, 2008, 4:04 pm |
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| too big -party time | Voice | Nov 16, 2008, 11:28 am |
| CDS | Zephyr | Nov 13, 2008, 3:23 pm |
| RE: CDS | Ratemaker | Nov 13, 2008, 3:10 pm |
| CDS | Zephyr | Nov 13, 2008, 2:35 pm |
| RE: CDS | Ratemaker | Nov 13, 2008, 2:31 pm |
| RE: RE: CDS | InsIsMyPassion | Nov 13, 2008, 2:30 pm |
| RE: CDS | morrison | Nov 13, 2008, 2:18 pm |
| CDS | Zephyr | Nov 13, 2008, 2:15 pm |
| RE: AIG's effect on the rest of the insurance market | Doctor J | Nov 13, 2008, 12:41 pm |
| Unless they sell off assets... | Doctor J | Nov 13, 2008, 12:39 pm |
| Hey Dum Dum - Lets make it real simple for you | Jeff | Nov 13, 2008, 8:29 am |
| RE: AIG's effect on the rest of the insurance market | morrison | Nov 13, 2008, 8:25 am |
| AIG's effect on the rest of the insurance market | Homer | Nov 13, 2008, 8:20 am |
| RE: RE: RE: RE: RE: RE: RE: RE: RE: the AIG Bailout | Scott | Nov 13, 2008, 7:37 am |
| RE: Wasting time | red handed | Nov 12, 2008, 9:00 pm |
| Wasting time | Sam | Nov 12, 2008, 8:54 pm |
| RE: RE: RE: RE: RE: RE: RE: RE: RE: the AIG Bailout | the idiots | Nov 12, 2008, 6:48 pm |
| RE: RE: RE: RE: RE: RE: RE: RE: the AIG Bailout | dum dum | Nov 12, 2008, 6:31 pm |
| RE: RE: RE: RE: RE: RE: RE: the AIG Bailout | the idiots | Nov 12, 2008, 5:56 pm |
| RE: RE: RE: RE: RE: RE: the AIG Bailout | dum dum | Nov 12, 2008, 5:55 pm |
| RE: RE: RE: RE: RE: RE: the AIG Bailout | dum dum | Nov 12, 2008, 5:47 pm |
| RE: RE: RE: RE: RE: the AIG Bailout | the idiots | Nov 12, 2008, 5:25 pm |
| Great Observation, IJ | mvp@123.com | Nov 12, 2008, 4:49 pm |
| RE: RE: Party Time | Baxtor | Nov 12, 2008, 4:47 pm |
| RE: Too big to fail! | Enough already Bill | Nov 12, 2008, 4:34 pm |
| RE: RE: RE: RE: RE: the AIG Bailout | Fed Up with AIG | Nov 12, 2008, 3:57 pm |
| RE: RE: RE: RE: RE: RE: the AIG Bailout | bart | Nov 12, 2008, 3:52 pm |
| RE: RE: RE: RE: RE: the AIG Bailout | Ralph | Nov 12, 2008, 3:44 pm |
| RE: RE: RE: Party Time | dum dum | Nov 12, 2008, 3:42 pm |
| RE: RE: RE: RE: the AIG Bailout | jim morrison | Nov 12, 2008, 3:37 pm |
| RE: RE: RE: RE: the AIG Bailout | dum dum | Nov 12, 2008, 3:32 pm |
| RE: RE: Party Time | the idiots | Nov 12, 2008, 3:26 pm |
| RE: RE: dum-dum | Left around to the Right | Nov 12, 2008, 3:23 pm |
| RE: RE: RE: the AIG Bailout | Fed Up with AIG | Nov 12, 2008, 3:14 pm |
| RE: RE: RE: the AIG Bailout | Jennifer | Nov 12, 2008, 3:12 pm |
| RE: RE: RE: the AIG Bailout | Jennifer | Nov 12, 2008, 3:12 pm |
| RE: RE: RE: the AIG Bailout | Cranky | Nov 12, 2008, 3:11 pm |
| RE: RE: the AIG Bailout | jim morrison | Nov 12, 2008, 2:50 pm |
| RE: the AIG Bailout | barb wired | Nov 12, 2008, 2:01 pm |
| RE: Bailout | Tar | Nov 12, 2008, 1:11 pm |
| RE: dum-dum | B Obama | Nov 12, 2008, 1:03 pm |
| Good money after bad | one | Nov 12, 2008, 1:00 pm |
| dum-dum | Ralph | Nov 12, 2008, 12:45 pm |
| RE: RE: Party Time | bart | Nov 12, 2008, 12:45 pm |
| RE: RE: Party Time | Scott | Nov 12, 2008, 12:39 pm |
| RE: RE: Too big to fail!-Ralph | LOL | Nov 12, 2008, 12:36 pm |
| RE: Party Time | dum dum | Nov 12, 2008, 12:32 pm |
| RE: Too big to fail! | Ralph | Nov 12, 2008, 12:31 pm |
| Too big to fail! | Bill | Nov 12, 2008, 12:28 pm |
| Party Time | Mr. Big | Nov 12, 2008, 10:34 am |
| Bailout | Scott | Nov 12, 2008, 10:09 am |
| Back to article | ||



Subject: RE: RE: RE: RE: RE: the AIG Bailout
Of course the stockholders would have wondered why AIG wasn't doing this. It is the job of management to explain Finance 101 to the stockholders and tell them that with that amazing level of profit comes an equally high level of risk. They were more than happy to take the outragious profit. Now they should be required to live with the consequences of the risk.
AIG was amazingly stupid for thinking that a return of that extent comes with no risk.
As for the worldwide employees, most of those working for solvent subsidiaries should soon be working for new employers (remember St. Paul and Kemper). There will be some disruption but not what you indicate.
Again, AIG is not some special company that cannot be permitted to fail. I don't care how many employees were involved. Management let it happen.