AIG Vaporizes (Even More) Money

Reading between the lines this news report, I’m assuming that AIG has blown through $150 billion dollars and is out of airspeed, out of ideas. What to do? Head to the Fed for more cash.

This entry was posted in aig, bailout, crisis. Bookmark the permalink.

3 Responses to AIG Vaporizes (Even More) Money

  1. EJ says:

    The perfect definition of a zombie bank. The dead guy from “Weekend at Bernies” has a better chance of life than AIG. Why won’t they just let these guys fail already?

  2. Murf says:

    They have so many counterparty insurance contracts that it would implode the whole banking system. Way to go, AIG!

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