Report: AIG Eyes Federal Backstop on Assets, Recapitalization Options

February 2, 2009

  • February 2, 2009 at 7:19 am
    Darwin says:
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    True to form, AIG is keeping with its history of not living up to its committments. Over the past five years they have been the most penalized and fined company in history. They are not one of the “good guys”.
    Now they once again want to change the rules.
    As a taxpayer, I want my money back. Plain and simple – enough is enough!

  • February 2, 2009 at 8:34 am
    mark says:
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    what realy anoys me is these guys (ceo’s of company’s getting bailed out)
    mismanaged the company and the tax payor has to bail them out. Now if i mismanage my small business is who is going to bail me out, NO ONE! so why are we bailing these idiots out.

  • February 2, 2009 at 9:34 am
    anon the mouse says:
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    Response from “response to AIG-2-2-2009:1244pm”, If you are an agent or broker for that matter and would recommend placing business with a substandard provider, I know a substandard proctologist named Leroy who could Help you out.

  • February 2, 2009 at 11:23 am
    agents bailing AIG out too says:
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    agents are bailing them out by keeping business with them. soft market to stay as profits mean nothing anymore.

  • February 2, 2009 at 12:21 pm
    Harvery Dent says:
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    you either die a hero or you live long enough to see yourself become the villan.

  • February 2, 2009 at 12:27 pm
    AIG says:
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    First Paula should be good at selling things (ie: Safeco)her back ground is Oil and Gas LOL. But for some reason (hmmmm) there not SELLING!!!!

    I agree US TAXPAYOR’s should forclose and force a sell off. Trust me there are carriers out there that want there good business.

    I just turned down a life insurance quote from them and am paying $40 more a month as I refuse to do business with them!

    Yes they are still selling insurance premiums below what they should be.

  • February 2, 2009 at 12:44 pm
    response to AIG says:
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    A short time from now when the life company is sold, you’ll be asking yourself who’s the fool that is choosing to spend $480 more per year NOT to buy AIG life insurance. Now that’s a legacy to be proud of…”Had I bought coverage from AIG, I could have had more coverage for the same money.” Now that’s really thinking in your and your beneficiary’s best intersts.

  • February 2, 2009 at 1:56 am
    what a crock of $hit says:
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    Is there no end in site to how low AIG will stoop? Let them fail PERIOD. It’s time they were held accountable for their actions and face the consequences rather than putting the burdon on the tax paying citizens of this country!

    To the person who stated that they are paying $40/mo in insurance so that AIG would not get your business….I commend you! I have done the same thing and would rather pay more than give that company another dime of my hard earned money!

  • February 2, 2009 at 2:07 am
    PL Underwriter says:
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    And now former AIG Execs starting up new carriers…with Hank…that are already undercutting responsible pricing and underwriting! Also, I’d spend the extra $40 a month to be with a reputable carrier, who I know would pay a claim!

  • February 2, 2009 at 3:43 am
    AIG (again) says:
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    If I remember we are all the shareholders of AIG at this time. I recieved 5 quotes for my life insurance (I’m overweight so don’t fit the prefered tables) and 4 of them within about $5 bucks of each other.. Then there is AIG, $40.00 cheaper. I’m not kidding….So as a shareholder I would like to know why they are “giving it away”. Does this make acturaial sense? Doubt it. They are still buying business on the capital we the AMERICAN Tax payor gave them to SELL SELL SELL….

    Outside of HSB and one other unit what have they sold? They have gone back and asked twice for more money.

    ENOUGH IS ENOUGH

  • February 2, 2009 at 4:48 am
    Darwin says:
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    Instead of going back and forth over the premiums that the crooks at AIG are charging, it’s time for the politicians to fess up ot the “contributions” they’ve accepted from AIG, and just let the company go down the tubes. Don’t waste any more tax dollars!

    Write your congressman!

  • February 9, 2009 at 1:30 am
    Reply Anon says:
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    I’ll bet you do.



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