Mon Sep, 15 2008
Good Luck With That
New York Governor David Paterson has gallantly stepped up to grant AIG permission to borrow twenty billion dollars from itself in order to finance daily operations.
"The New York- based insurer remains 'extraordinarily solvent,' he said."
There's your cue, ladies and gentlemen: run for the hills over AIG.
The Story Of The Day
Lehman Brothers and Merrill-Lynch: I've been reading all morning when I could pay attention.
I don't feel sorry for anyone involved in this.
Yeesh update: AIG stock is seventy percent down at noon.
We're talkin' murder.
This Dow could close under eleven thousand today.
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