Re: AIG

by **Saint** Thu Sep 18, 2008 3:24 pm

FED (US Central Bank) saved AIG from bankrupcy in the last minute with a $80billion loan. I cant fecking believe this, Man Utd's main sponsor was about to go bankrupt while i was happily sipping my tea but theyre arses saved once again -_-

Anyway if you lads have dollars, i reckon it will be a good decision to sell them out thesedays right before EU and Japanese fiscal move of releasing $180bn into their money markets affraid

by **daryo** Fri Sep 19, 2008 1:54 am

yesterday's news -_-'

dull.

by **LuKe** Fri Sep 19, 2008 4:10 am

aye,here in hongkong the news keep tellin that noob thing.

by **Saint** Fri Sep 19, 2008 5:59 am

lmfao $ here dropped by 10% this morning

by Tony* Fri Sep 19, 2008 7:39 am

by Matthew Fri Sep 19, 2008 8:42 am

wait till we actually hit the recession : o

by Haldir Fri Sep 19, 2008 8:52 am

daryo wrote:yesterday's news -_-'

dull.

DULL?!

I take it some of you don't seem to understand the repercussions this is going to have. f u c k, the DOW and NASQAD dropped over a THOUSAND points in TWO DAYS! This has fucked up the stock markets for a LOOONG while ahead.

by **Shadman** Fri Sep 19, 2008 9:00 am

I dont have AIG Auto Insurance....you know they aren't the only insurance company >.<

by **Razor** Fri Sep 19, 2008 9:04 am

ShAdMaN wrote:I dont have AIG Auto Insurance....you know they aren't the only insurance company >.<

No one said they were -.-'

by **Saint** Fri Sep 19, 2008 3:12 pm

Matthew wrote:wait till we actually hit the recession : o

lol Mattu our job is to profit from short-term movements ^^
and yeah if Paulson's plan turns out to be rubbish then we'll be in big long-term shyte

by **Crow** Fri Sep 19, 2008 4:44 pm

Soon, the whole world is going upside-down just for money...

by Matthew Mon Sep 29, 2008 11:51 am

Why did the 700 billion dollar bail-out bill fail?
Surely that'd 'fix' (in the short term) the economy not only in the US, but abroad too?
If the bill went through, that would've kept credit flowing and business running right? I mean it wouldn't negate all the bad loans, but it's surely the only thing they can do now...
>.>

Damn Republicans

by **Boomlala** Mon Sep 29, 2008 11:55 am

Fortis, a Belgian bank, got saved aswell by the government.

by Matthew Mon Sep 29, 2008 12:01 pm

Were nationalising banks left, right and center. I dislike when people (far right) think that refusing government intervention takes priority over the wellbeing of the entire world economy.

by **Storm** Mon Sep 29, 2008 3:40 pm

Nothing to worry about, you wont loose your money.

by Matthew Tue Sep 30, 2008 10:51 am

It's not so much money, it's jobs.

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