wait a second,

do you think China could have anything to do with the financial crisis we are seeing these days?

i mean, their accounting standards must be non- existent

quote:

Originally posted by Rostros The Question is will A.I.G Fall ?

new york fed is discussing a bailout with AIG, they'll make a decision at 2pm

dow shoot up 100 points as soon as they reported that

quote:

Originally posted by Rostros Imagine the China Markets and the effect on all these companies ! Subsidiary Holdings: AIG American General Life Companies AIG Annuity Insurance Company AIG UK Limited AIG Financial Products Corp. AIG Hawaii Insurance Company, Inc. AIG Investments Utilities, Inc. AIG Retirement Services, Inc. AIG SunAmerica Life Assurance Company The Variable Annuity Life Insurance Company Allied World Assurance Company Holdings, Ltd American General Finance Corporation American Life Insurance Company Brazos Capital Management, L.P. HSB Group, Inc. International Lease Finance Corporation Lexington Insurance Company SunAmerica Ventures, Inc. AIG Financial Advisors Transatlantic Holdings, Inc. Transatlantic Re (Brasil) Ltda. Transatlantic Reinsurance Company United Guaranty Corporation

I heard china just cut interest rates - I've got no idea how that would affect the companies

Its pretty funny AIG is in trouble given their self confident (bordering on smug) ads

How long can the Governments keep bailing out these massive companies with major loans , Its going to be a long time for the Markets to recover and I dont think they will until the property market has stabilised both in the USA & UK. Nobody wants to loose money as you can tell people are selling shares like its end of the world as if I had shares in HBOS I would be cashing out as I dont think I would be alive to see that money ever again.

The Domino effect has started and nobody can stop it , hide all of your cash in your Mattress safest bet , but dont smoke in bed !

___________________

" You bet your ass we're all alike... we've been spoon-fed baby food at school when we hungered for steak... the bits of meat that you did let slip
through were pre-chewed and tasteless. We've been dominated by sadists, or ignored by the apathetic. The few that had something to teach found us will-
ing pupils, but those few are like drops of water in the desert."

quote:

Originally posted by Rostros How long can the Governments keep bailing out these massive companies with major loans , Its going to be a long time for the Markets to recover and I dont think they will until the property market has stabilised both in the USA & UK. Nobody wants to loose money as you can tell people are selling shares like its end of the world as if I had shares in HBOS I would be cashing out as I dont think I would be alive to see that money ever again. The Domino effect has started and nobody can stop it , hide all of your cash in your Mattress safest bet , but dont smoke in bed !

if i had money i would have a vault and bars of gold in it

what it really means is the same thing it meant 80yrs ago. this game of financial lending is played by the big boys. they take huge risks for the hope of an even bigger pay off.

they do this with our deposists and with investors stock monies. yes lehman probably has 200+ private equity firms that will fall alongside it but the banks are already pitching congress saying this will be devasting to the common tax payer/economy/standard of living you have to bail us out!

the reality is the federal reserve was created to make sure the financial market was stable but by creating it they made sure banks would never full go under. we are still paying for banks that were bailed out in the 70s. because there is a saftey net for the big boys the pressure is on for the MOST amount of profit. so these smaller banks that try and get up there against the giants have to risk EVERYTHING in order to play the game.

its a big problem, i think we're about to see the financial system go down to the giant 5 we're use to. from there they will either monopolize it all (buy out whoever is left) or merge with larger int'ls and be done with the american dollar.

tough times ahead, the housing market is about to hit rock bottom.

what makes the housing market go up or down?

^^^

the quality of MIT grads has certainly dropped in recent years eh?

If I was American and had the money I'd be trying to buy as much property as possible

quote:

Originally posted by saluyamo If I was American and had the money I'd be trying to buy as much property as possible

http://www.rightmove.co.uk/viewdeta...pa_n=2&tr_t=buy

£130,000 Terraced in London Thats approx $220,000 USD

Which can get you this near Apollo Beach



http://www.lipplyrealestate.com/details.php?list=2289938

___________________

" You bet your ass we're all alike... we've been spoon-fed baby food at school when we hungered for steak... the bits of meat that you did let slip
through were pre-chewed and tasteless. We've been dominated by sadists, or ignored by the apathetic. The few that had something to teach found us will-
ing pupils, but those few are like drops of water in the desert."