AIG, Other Mortgage Insurers’ Stocks Fall on Mortgage Loss Fears

July 11, 2008

  • July 11, 2008 at 7:21 am
    George says:
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    I was one of the recent layoffs from AIG United Guaranty. The ship is slowly taking on water and I am happy to be out of there now that I look back. It hurt at first to be out of work, but it is for the best…

  • July 11, 2008 at 8:40 am
    George says:
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    Nobody wanted to see this. I am sure AIG can survive this. It has seen a lot worse than this such as the WWII and a few big recessions in the US.
    Have faith

  • July 11, 2008 at 10:32 am
    Anon the Mouse says:
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    AIG is the hottest thing going to reinforce the need for National Insurance. Wonder how the liquidation of AIG stocks are going or went just before this latest hit. It’s all a big chess game isn’t it Mr. Buffett.

  • July 11, 2008 at 12:45 pm
    joe says:
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    I can imagine what Willumstad is thinking right now..”I ain’t the guy who did this”.
    Sullivan,-wherever he is,right now is thinking, ” Well, I’m out of there with all my loot”
    Even Mr Greenberg himself is thinking,”Whomever IS responsible for this, they don’t have me to kick around any more, and at least I got back Mamma picture !”
    Great.
    So where does this leave the “owners” of the company; the shareholders ?
    Mr G always bragged about AIG’s “strong cash position” and reminded us that “cash is not trash”
    I just hope this isn’t gonna be Enron II

  • July 11, 2008 at 1:15 am
    Lotus says:
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    AIG’s reputation is in free fall. I have clients who have pulled their coverage out of AIG b/c of all the negative financial publicity. Those in the know don’t want to be insured w/AIG.

  • January 9, 2010 at 2:42 am
    Brandon says:
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    Does anyone know what happened to AIG United Guaranty employee Rob Melton?



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