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American International Group, Inc. Message Board

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  • asp924 asp924 Sep 12, 2008 7:06 PM Flag

    fast money said it had something to do with s+p

    and if they announce their capital raise plan this weekend, then S&P will NOT downgrade the rating, which in turn should catipult AIG back to $20 in no time

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    • Should be more then $20 since this issue began when it was around $34. I say middle $25 if they get cash - by selling assets or investment or debt!

      The mark to market accounting is driving me crazy! I think, maybe like the CEO that the write downs are down and then any wave of depreciation begins and the cycle repeats itself in short order.

      I hope they get enough this time for 4 quarters worth what ever that amount is!

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