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Discussion Starter · #1 ·
So, what does everyone think of the possible bail out of insurance
gaint AIG. I think it is time that these companies fall flat on there
faces and the global market takes it lumps.

What bail out next, the domestic auto companies?

I am curious what impact this will have on the election.
Definately a new topic for both candidates!
 

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Don't bail them out. It will not be that tough on the economy, and the economy will rebound quickly if the media doesn't try scare everyone. If everyone hangs tight it will be no problem. If the media scares everyone and they start yanking their money we could be in some trouble.
 

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Discussion Starter · #5 ·
Why would the govt. bail out a corporation with over
$1 trillion in assets? This just makes no sense at all.

Why don't China bail out this corporation??
 

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PSDC said:
Why would the govt. bail out a corporation with over
$1 trillion in assets? This just makes no sense at all.

Why don't China bail out this corporation??
They will still need to liquidate assets to pay back the gov, from what I understand. At 11% or so interest, it should be a good investment for the government if AIG can still keep afloat.
 
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