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jay007
#1 Posted : Thursday, March 05, 2009 7:41:57 PM
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Joined: 2/26/2009
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AIG is supposed to be too big to fail, but it seems to be failing anyway, dropping $61.4 billion in Q4 – see here -- and picking up another $30 billion in bailout money (current total: $180 billion). AIG is supposed to have $1 trillion in assets, but the Stock Research Portal asks, “What is the value of those assets if ‘marked to market’?” Conclusion: “It is a question that ought to be answered before the U.S. Government pours more funding into AIG.” Via Stock Research Portal gold and energy stock information
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