Yup, AIG Time Bomb Has Exploded

The US government has finally taken care of AIG in a big, big way. After all is said and done, it will own 85% of AIG shares. Its kind of mind-numbing, but its good news for those who have accounts with AIG, as you might stand a chance of keeping your policies in place.

Friends

For a very thorough explanation of this staggering news, see this story.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: