Munich Re to Buy Hartford Steam Boiler from AIG for $747 Million

December 22, 2008

  • December 22, 2008 at 12:47 pm
    ER says:
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    I am just glad to see SOMETHING is being sold!

  • December 22, 2008 at 1:15 am
    Just great says:
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    Fire sale prices of prime US assets. New foreign masters for US workers. Removal of profits from our nation.

    With the help of Republicans and Walmart, we are rapidly sinking to 3rd world status.

    Hey check out how many “US” oil and other companies are suddenly moving headquarters to Switzerland to avoid US taxes. (Cheney’s Halliburton already moved to a Middle East country after dumping its subsidiary KBR in a public offering to gullible investors when its war profits were at an all time high. And wasn’t it really Cheney’s war? Talk about insider trading..a whole new meaning).

    Yes, yhey want our kinds and spouses fighting and dying for them to control Middle Eastern oil, but no thanks on the taxes bit, eh? In the meantime, Cheney and others privatize their public offices for private financial gain.

    W better be handing out a whole lot of pardons….

  • December 22, 2008 at 1:21 am
    concerned says:
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    I agree with Awsome…..It is good to see something other than a favorable ratings report by AMB or S&P or Moody’s being sold to the higest bidder.

  • December 22, 2008 at 1:35 am
    Dan D. says:
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    there is a sante claws. my friends at HSB must be estacktic……………………

  • December 22, 2008 at 1:39 am
    Baxtor says:
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    The good news is your democratics gave themselves a raise on Friday. Yes, they did and will continue to control both houses. So majority rules, or don’t you live in this country anymore?

  • December 22, 2008 at 1:54 am
    Baxtor says:
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    I wonder if I should have bought it. Pretty good deal as we work with HSB and have never heard anything bad. Sounds like the firesale was a true firesale. Should pay for itself in no time.

  • December 23, 2008 at 7:07 am
    Stat Guy says:
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    I don’t know this myself but a friend of mine did some quick math and said at $145M per month in revenue, five months of normal operations should do it.

  • December 23, 2008 at 6:30 am
    Rob'em and Job'em says:
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    Holy cow ! This is the best AIG could get? Peanuts….

  • December 29, 2008 at 7:48 am
    stckbyr says:
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    Agreed–this type of pricing leaves me convinced that AIG will not have anything left by the time they finish selling units and paying back the government.



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