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  • America Buys AIG
    It's a ridiculous deal robbing AIG's shareholders and giving the fed and the govt. a very very sweet deal. this is not a fannie/freddie with zero equity. this is a giant pürofitable insurance company with temporary liquidity problems and a huge potential for write-ups in the coming years. make no mistake - the fed will make a ton of money from this deal.
    Sep 17 04:58 am |Rating: 0 0 |Link to Comment |View article
  • The Nationalization of AIG
    Actually the u.S. govt got itself a very very sweet deal. For a loan(!!!) they get a 79.9% equity stake(!) in a profitable company that has trouble only in one segment of its operations. And, given sufficient time, these troubles will ease and cause a huge write-up of many billion $ that had been written down on mark-to-market accounting. It#s almost unbelievable that AIG agrred to this deal and rejected others before. C'on, they will be able to repay the loan which is covered by all of AIG's assets anyway. This is no bail-out, this is expropriation of the shareholders of AIG by the govt.
    Sep 17 04:35 am |Rating: 0 0 |Link to Comment |View article
  • The Nationalization of AIG
    i wonder what the ratings agencies will do now. upgrade?
    it's all a frace - especially the ratings agencies. They should be abolished alltogether. The continue to add negative value to the markets
    Sep 17 03:52 am |Rating: 0 0 |Link to Comment |View article
  • Why It's Time to Buy Google, Apple
    in the long run, TA doesn't matter one iota. the most successful investors ALL have done without it. Though I have yet to find one who has made his billion$ fortunes by chart -guessing. But hey, teknikk7 might be the first
    oh, and yes, I know about that incredible performance by one or two hedgefunds which use a quantitative approach. I am just not convinced yet that their performance will last another decade or two.
    Sep 16 06:51 am |Rating: 0 0 |Link to Comment |View article
  • Why It's Time to Buy Google, Apple
    oh and btw: in our just-in-time and now increasingly web-based society businesses at one future point will learn the hard way HOW VULNERABLE they have become, especially with web-based software, databases and applications.
    Sep 15 11:15 am |Rating: 0 0