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-   Finances (http://www.cougarguard.com/forum/forumdisplay.php?f=27)
-   -   Looks like AIG may be going bankrupt...... (http://www.cougarguard.com/forum/showthread.php?t=22560)

cougjunkie 09-16-2008 04:15 PM
Looks like AIG may be going bankrupt......
 
They are the largest insurer in the world and currently have over 1 trillion dollars in assetts and operate in over 130 countries. Also the feds are meeting today and most are expecting another rate cut.

Archaea 09-16-2008 04:35 PM
This is not good, who will sponsor Manchester United now.

MikeWaters 09-16-2008 04:38 PM
AIG, good, I hated their commercials.

Now if only the Dennis Hopper company would go out of business.

Flystripper 09-16-2008 04:57 PM
Quote:
Originally Posted by cougjunkie (Post 266063)
They are the largest insurer in the world and currently have over 1 trillion dollars in assetts and operate in over 130 countries. Also the feds are meeting today and most are expecting another rate cut.
Not the best news I have heard today. Since I have a 3 million term life insurance policy with them. :(

cougjunkie 09-16-2008 05:21 PM
Quote:
Originally Posted by Flystripper (Post 266084)
Not the best news I have heard today. Since I have a 3 million term life insurance policy with them. :(
Bettery hurry up and die.

Flystripper 09-16-2008 05:24 PM
Quote:
Originally Posted by cougjunkie (Post 266095)
Bettery hurry up and die.
Haha thanks bud! A ray of sunshine you are!

ERCougar 09-16-2008 09:31 PM
Quote:
Originally Posted by Flystripper (Post 266084)
Not the best news I have heard today. Since I have a 3 million term life insurance policy with them. :(
Me too...
But thank goodness it's only term life.

BYU71 09-16-2008 10:21 PM
Quote:
Originally Posted by ERCougar (Post 266224)
Me too...
But thank goodness it's only term life.
Other insurance companies will be happy to step in and take over your policies. Paying on death benefits isn't what has these guys going down the toilet.

If Wamu and AIG are going under, let's get it over with and not string it out like we did with Lehman.

ERCougar 09-17-2008 12:08 AM
Quote:
Originally Posted by BYU71 (Post 266242)
Other insurance companies will be happy to step in and take over your policies. Paying on death benefits isn't what has these guys going down the toilet.

If Wamu and AIG are going under, let's get it over with and not string it out like we did with Lehman.
Good to know...I was actually wondering what I was going to do with that if they end up going bankrupt.

MikeWaters 09-17-2008 12:45 AM
I'm glad that my tax money is going to save AIG, and all their rich cronies. Very nice.


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