Fed cannot let AIG sell at fire sale prices.
Fed cannot let AIG fail
Fed cannot help the near term credit markets and world economy.
Fed cannot get their 125B back or their interest if they force AIG to sell assets for nothing!
Too late for AIG
Too late for the FED
Too late for shareholders
Too late for the US Economy
Too late for the banks
Too late for Wall Street
Too late for Main Street
More of the same until 2012! It is only getting worse for everyone everywhere!
DOW to 5600.00
"I said after 4PM. I did not say between 4PM and 8PM"
Well buddy, after 4pm can mean anything. Hell why not say "after october 15th news is gonna come out, blah blah blah..." Now i gotta put you on ignore, even after i gave you a decent rating... what a waste your post was..
If it a sale to Henry Sy...it is already built into the stock price,. No big deal since it will be a small sale. The business units are going down in price anyway with the recession and the hits from te DAC reversals.
The only terms for money is to sell stock in the equity markets to raise the cash! NOT!
Stock Swaps! NOT!
Go to private equity! Terms at 10 and 10! NOT!
Go to the government to finance the purchases! NOT! and NOT!
Basically - NO M&A! No Cash! No Asset Sales! No Financing! No Help! No Change! Not going anywhere but down FAST!
AAAAAAAAHHHHHHHHHHHHHHHHHHH! 3T dollars of money from the world governments won't stop the sell off! Hedge funds are selling, people want their money! Everyone is going to Treasuries! No buying! No Volume! Computers Running Everything!