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.

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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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