Did they have a buy out offer?
and they turned their nose up at it?
then wanted a loan from the Reserve?
I don't have enough time to talk about how all of this is the problem with laissez-faire, and how companies start to play brinksmaship with the government, Which is the Moral Hazard argument.
Guess what company will be in Receivership soon.
how am I going to get any sleep.
Monday, September 15, 2008
AIG
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3 comments:
Tradable bottom is in this week! DOOM and GLOOM and panic, everywhere.
Certain readings were at the highest panic lever *ever*. Ever, in the tracked history of the stock market.
Either that, or this is really the big one this time.
Blood in the streets, baby. Let's see who has the gonads to jump in.
Invivo has a buy on materials, or some.
I'm dying to know how this is going to trade....
there are chances that the sentiment hit full negative today.
no matter what, it will take the stairs down, we will just keep hitting tradable bottomes every few weeks.
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