AIG is using tax payer money [ 284 billion] to survive while throwing lavish parties for it's staff with tax payer money. This company should be in bankruptcy reorgnization and the stock should be in the low dollar denomination instead of $29.98.
AIG is using tax payer money [ 284 billion] to survive while throwing lavish parties for it's staff with tax payer money. This company should be in bankruptcy reorgnization and the stock should be in the low dollar denomination instead of $29.98.
The price has been hammered by confusion over the reverse split. I'm confident this is one of those "too big to fail" companies that will continue to draw money under the table from the Fed until it's in swell shape yet again.
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