ST Alpha - "hahaha, aig's stock is in freefall because they said they were worried about losses in their us municipal bond portfolio..." (Reading a Post)

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hahaha, aig's stock is in freefall because they said they were worried about losses in their us municipal bond portfolio...

Posted by x (aka dmuck) Feb 25 '11, 07:36

that is *classic*. company that screwed up its risk portfolio and got bailed out by the us governmment now taking stock losses on the prospect that it holds too much debt in its portfolio that involves u.s. municipalities that may go into default.

banana effing republic.

Responses:

why does the US goverment let's shares of it's companies be traded on the exchange? -- nm - Danedukenuuk Feb 25, 07:47 2
- did you miss the "banana republic" part?....nm - x Feb 25, 08:05
- [deleted]
Too big to fail. -- nm - Don Homer Feb 25, 07:45
Oh I hope we can help them again. -- nm - HdnAgnda Feb 25, 07:43 8
- rest easy. they know we will, so thy're incentivized to take plenty more risk given that they know we'll backstop them if it all blows up....nm - x Feb 25, 07:46 4
  - this might be the only thing I think I might agree with the Teabaggers on. - Mel Profit Feb 25, 07:55 1
    - If it's too big to fail, it's too big to exist. -- nm - mara Feb 25, 07:57
  - I will rail like Crazy Mel if we bail those fuckers out again -- nm - ty97 Feb 25, 07:47 1
    - [deleted]
- heh heh. heh heh heh. (randomly: was it you who had the kate winslet dream? "okay, winsey, I'll pick you up"?) -- nm - amanda "training day" jones Feb 25, 07:44 2
  - Yup that was me: Winsy: I'm bored, wanna hang out? Hdn: Sure Winsy. Pick me up? - HdnAgnda Feb 25, 08:05 1
    - Well, it wasn't a dream per se but more of me providing in post the text of a daydream I would like to be real. -- nm - HdnAgnda Feb 25, 08:06

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hahaha, aig's stock is in freefall because they said they were worried about losses in their us municipal bond portfolio...

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