If they were that big, they wouldn't have failed. The news just reports that their 3+ billion 2008 4th quarter loss just proves how bad the economy really is.
Uh, no, all it proved is the lack of oversight on how the bailout funds were directed.
agreed. ?At least their new CEO is working for $1 a year---but that's largely symbolic given the vast amount of money they've pissedon in the past couple of years.
Oh, I get it now. You must not realize they only just reported their loss for the last quarter of 2008. Sorry, my bad, didn't realize you don't keep up on current events.
Not my words dear. I'm quoting the news events of the day. But so glad you took the time to try and bust on me for it. You're obviously grasping today.
Re: AIG is too big to fail? WTF?