Break it up and sell parts of the company, or break them into smaller segments. This way they are not the so called TO BIG TO FAIL. let the smaller units fail, so it will not impact the ecnomy as much.
How many $$$$ is the goverment going to give them next time they have a loss????
I read a quote about AIG that I waould like to share.
AIG IS NOT TO BIG TO FAIL THEY ARE TO BIG TO SUCCEED!!!!!!
What is there left to be said after that???
Let Aig fail. Let’s see if you idiots are correct. Listening to Citigroup analyst Colin Devine tell us that the problem is over stated is like listening to a blind guy describing a sun set. He maybe right, but are you willing to run off that plank? I am not. I don’t like what is going on, but my daddy taught me you don’t play chicken with an elephant.
Come on, AIG misleading? Where does that come from?
When will people learn? It’s past time for AIG to go away! Next we’ll hear that the auto insurance market will collapse without AIG.
um…the auto insurance will not falter… i think that state farm and allstate will falter on that one because of the many things going on in florida and the gulf coast…
aig needs to fail, as will the auto industry. i think unions made it much harder to do things and keep costs down. folks don’t realize to take things into their own hands instead of others. why do you think we see so many lawsuits? the pesky lawyers are trying to put more money in their pockets.
how many small companies are surviving? many because they did not go way outside the box.
toxic money?! do you think that the feds are tired of using money for this? afterall, they truly want us to worry about it, then why not allow us to be able not to pay any taxes to make up for the payments the gov’t decided to pay out. my vote: kick the congress out?! how many of them are repeats?
if we want personal responsibility, then we need to have company responsibility. not a fed bailout!
This is why AIG will be here tomorrowAIG’s life insurance network is the biggest in the world. We’re the largest life insurance provider in Southeast Asia, the Middle East, Hong Kong, the Philippines, Singapore, Thailand and elsewhere. In Japan, we are the top foreign life insurer, and in the U.S., we are number one in term life and ordinary life.
•
AIG is the largest issuer of fixed annuities in the U.S., and the leading provider of retirement savings for primary and secondary school teachers and healthcare workers.
•
AIG is the largest owner of airplanes in the world and the largest customer of Boeing and General Electric’s Aircraft Maintenance Division, among others.
•
AIG is the largest investor in corporate bonds in the U.S. and among the top five institutional asset managers in the world.
If AIG were to fail, the impact on our customers and counterparties around the world would undermine an already unsettled global financial system. The cascading effect would quickly overwhelm many seemingly unrelated institutions.
and the next…get a clue whiners!
first of all, if you have the many eggs in one basket, don’t you think that something would happen and it did! so if an egg breaks, not all of them? why not the cascading affect, that means you put too much into one company. wonder why they decided to a have a w/e retreat at our expense. if i technically have a share of AIG, when it turns around, when do i as a taxpayer get a divident? NEVER! so let it fail, we are not going to see the money anyways.
Wudchuck…it’s been 6 months…You will never be Kreskin…As I said..you will wake up next week and AIG will still be there…again and again in spite of your short sighted opinion.
This is why my opinion is to break them all into smaller companies, such as life insurance unit, PC unit, etc, let the units which are failing go out of business, and then it will not cripple the country as if the whole was to collapse.
If AIG collapse is because of its financial products on bank loans, then AIG paid claims to banks who have bad loans, therefore bank should be in good shape. Why both of AIG and Banks went down?
Is there anyone know how much AIG have insured those mortgages? if not, how could you dump money into the deep, deep, deep… hole???? You do not even know how deep it is.
AIG auto and AIG life are making profits. Why just take those companies out of the group and provide continued coverage for policies holders, let the bad part of the group go to hell. That will not cost taxpayer money.
My question to congress: How many members of congress have (any) investments (annuities, insurance policies, etc.) with AIG or any of these companies that we are bailing out?
Guess where the Congressional Pension Fund is vested.
Break it up and sell parts of the company, or break them into smaller segments. This way they are not the so called TO BIG TO FAIL. let the smaller units fail, so it will not impact the ecnomy as much.
If they fail, taxpayers would never get their money back
do you honestly think we ever will get our money back (in this lifetime, I mean)?
How many $$$$ is the goverment going to give them next time they have a loss????
I read a quote about AIG that I waould like to share.
AIG IS NOT TO BIG TO FAIL THEY ARE TO BIG TO SUCCEED!!!!!!
What is there left to be said after that???
for the 500th time, AIG does not insure the congressional pension plan
But they are already bankrupt, it is putting good money after bad, cut the losses and move on.
Let Aig fail. Let’s see if you idiots are correct. Listening to Citigroup analyst Colin Devine tell us that the problem is over stated is like listening to a blind guy describing a sun set. He maybe right, but are you willing to run off that plank? I am not. I don’t like what is going on, but my daddy taught me you don’t play chicken with an elephant.
Come on, AIG misleading? Where does that come from?
When will people learn? It’s past time for AIG to go away! Next we’ll hear that the auto insurance market will collapse without AIG.
Every minute a fool is born.
um…the auto insurance will not falter… i think that state farm and allstate will falter on that one because of the many things going on in florida and the gulf coast…
aig needs to fail, as will the auto industry. i think unions made it much harder to do things and keep costs down. folks don’t realize to take things into their own hands instead of others. why do you think we see so many lawsuits? the pesky lawyers are trying to put more money in their pockets.
how many small companies are surviving? many because they did not go way outside the box.
toxic money?! do you think that the feds are tired of using money for this? afterall, they truly want us to worry about it, then why not allow us to be able not to pay any taxes to make up for the payments the gov’t decided to pay out. my vote: kick the congress out?! how many of them are repeats?
if we want personal responsibility, then we need to have company responsibility. not a fed bailout!
This is why AIG will be here tomorrowAIG’s life insurance network is the biggest in the world. We’re the largest life insurance provider in Southeast Asia, the Middle East, Hong Kong, the Philippines, Singapore, Thailand and elsewhere. In Japan, we are the top foreign life insurer, and in the U.S., we are number one in term life and ordinary life.
•
AIG is the largest issuer of fixed annuities in the U.S., and the leading provider of retirement savings for primary and secondary school teachers and healthcare workers.
•
AIG is the largest owner of airplanes in the world and the largest customer of Boeing and General Electric’s Aircraft Maintenance Division, among others.
•
AIG is the largest investor in corporate bonds in the U.S. and among the top five institutional asset managers in the world.
If AIG were to fail, the impact on our customers and counterparties around the world would undermine an already unsettled global financial system. The cascading effect would quickly overwhelm many seemingly unrelated institutions.
and the next…get a clue whiners!
Stan, your an idiot with the forsight of an ostrich!
? um… um….
first of all, if you have the many eggs in one basket, don’t you think that something would happen and it did! so if an egg breaks, not all of them? why not the cascading affect, that means you put too much into one company. wonder why they decided to a have a w/e retreat at our expense. if i technically have a share of AIG, when it turns around, when do i as a taxpayer get a divident? NEVER! so let it fail, we are not going to see the money anyways.
Wudchuck…it’s been 6 months…You will never be Kreskin…As I said..you will wake up next week and AIG will still be there…again and again in spite of your short sighted opinion.
This is why my opinion is to break them all into smaller companies, such as life insurance unit, PC unit, etc, let the units which are failing go out of business, and then it will not cripple the country as if the whole was to collapse.
They are covered by the Federal Employees’ Retirement System. It’s basically a Social Security-like system.
If AIG collapse is because of its financial products on bank loans, then AIG paid claims to banks who have bad loans, therefore bank should be in good shape. Why both of AIG and Banks went down?
Is there anyone know how much AIG have insured those mortgages? if not, how could you dump money into the deep, deep, deep… hole???? You do not even know how deep it is.
AIG auto and AIG life are making profits. Why just take those companies out of the group and provide continued coverage for policies holders, let the bad part of the group go to hell. That will not cost taxpayer money.
Ummm. . to what union do AIG employees belong?
My question to congress: How many members of congress have (any) investments (annuities, insurance policies, etc.) with AIG or any of these companies that we are bailing out?
Congressional Pension may NOT be invested with AIG but I heard it is INSURED BY AIG