| Author |
Message |
|
Falcon
[n00b] Member
Joined: Fri Sep 30, 2005 11:00 pm Posts: 5230 Location: Rogers, AR
|
 how about AIG
and i only ask cause if youve ever wanted to buy aig stock, now would be the time...or is it
msnmoney
"The Fed will give AIG an $85 billion bridge loan in exchange for warrants to purchase stock worth roughly 80% of the company."
word on the street says this is the begginings of socialism in america...
discuss?
_________________
|
| Wed Sep 17, 2008 2:53 pm |
|
 |
|
G_I_Joe
[n00b] Member
Joined: Wed Sep 07, 2005 11:00 pm Posts: 1798 Location: NJ
|
Long story short, financial market is going down the shitter.
_________________ [URL=http://www.habamon.com/monster/extra]
Help me raise my Habamon![/URL]
|
| Wed Sep 17, 2008 3:26 pm |
|
 |
|
Falcon
[n00b] Member
Joined: Fri Sep 30, 2005 11:00 pm Posts: 5230 Location: Rogers, AR
|
G_I_Joe wrote: Long story short, financial market is going down the shitter.
true, but the question is...do you think this is a good time(if you have the money) to put alittle into the market in hopes of getting a huge return later when the market recovers???
_________________
|
| Wed Sep 17, 2008 4:37 pm |
|
 |
|
G_I_Joe
[n00b] Member
Joined: Wed Sep 07, 2005 11:00 pm Posts: 1798 Location: NJ
|
Well, I still think it's going to go down more, so I'd wait and see. Historically, if you put money in for the long term, you always come out on top.
_________________ [URL=http://www.habamon.com/monster/extra]
Help me raise my Habamon![/URL]
|
| Wed Sep 17, 2008 5:31 pm |
|
 |
|
Coach
One-Eyed Elder, Senior Admin
Joined: Wed Oct 31, 2007 11:00 pm Posts: 4936 Location: Gardendale, Texas
|
2 ways of looking at this deal: It's a fire sale, or they lose their ass, as do you. Be careful what you buy, really careful.
A lot of stocks are 1/2 the value they should be. Companies like ESLR, NVDA, GLW and T are ALL undervalued and should, at the least, be 10 dollars higher than what they're currently priced. Mind you, these are "cheap" stocks, but they should be twice what they are. YHOO should also be higher, I can't believe this one tanked like it did. GOOG too, that stock should be 650+ dollars.
AIG, they'll recover, and they're damned lucky that they got the bail out that other companies didn't, like Enron, heh. What's killing this maket is all the damned defaulted loans for housing. It's killing the WORLD market, not just USA.
_________________Sir, have you been drinking tonight? 
|
| Wed Sep 17, 2008 6:38 pm |
|
 |
|
Shotokan
[n00b] Member
Joined: Mon Oct 24, 2005 11:00 pm Posts: 1036 Location: Miramar, Florida
|
AIG???
What about Lehman Brothers??? Merryl Lynch???? Wachovia, Washington Mutual???? and the list goes on....
_________________ 
|
| Wed Sep 17, 2008 8:29 pm |
|
 |
|
-Purple-
Game Server Admin
Joined: Tue Apr 01, 2008 11:00 pm Posts: 5190 Location: Vegas Baby
|
what about the 2 major mortgage companies that were taken over by the federal reserve as well? (private bank, it's not a gov. agency) now that bank owns a large percentage of americans' homes and has a ridiculous amount of power.
_________________
|
| Wed Sep 17, 2008 8:34 pm |
|
 |
|
SuperEffect
n00bfest Retired Ancient, Senior Admin
Joined: Sun Apr 25, 2004 11:00 pm Posts: 1944 Location: Parts unknown
|
My problem with things like this is that if these companies make huge profits i see none of the money but if they go under i as the tax payer have to flip the bill to bail them out.Discuss that.
_________________ F*CK you,pay me!
|
| Thu Sep 18, 2008 6:02 pm |
|
 |
|
ApoKolypse
[n00b] Member
Joined: Thu Jan 05, 2006 12:00 am Posts: 8388 Location: London
|
Yeah your guys' economy is fucked.
Stock Market is in the midst of a crash. Don't invest for 6 months.
_________________Jonn "ApoKolypse" Leonard www.twitch.tv/45Bananas
|
| Thu Sep 18, 2008 6:10 pm |
|
 |
|
madcoweater
[n00b] Member
Joined: Sun Nov 27, 2005 12:00 am Posts: 981 Location: ATX
|
 Re: how about AIG
Falcon wrote: word on the street says this is the begginings of socialism in america...
Socialism in the USA started in like the 1930s.
_________________ [n00b] madcoweater {n4b}
nubs 4 breakfast
|
| Thu Sep 18, 2008 6:29 pm |
|
 |
|
SuperEffect
n00bfest Retired Ancient, Senior Admin
Joined: Sun Apr 25, 2004 11:00 pm Posts: 1944 Location: Parts unknown
|
ApoKolypse wrote: Yeah your guys' economy is f**ked.
Stock Market is in the midst of a crash. Don't invest for 6 months.
Could be worse,we could be Canadians. Yellow_Flash_Colorz_PDT_23
_________________ F*CK you,pay me!
|
| Thu Sep 18, 2008 6:31 pm |
|
 |
|
Shotokan
[n00b] Member
Joined: Mon Oct 24, 2005 11:00 pm Posts: 1036 Location: Miramar, Florida
|
SuperEffect wrote: ApoKolypse wrote: Yeah your guys' economy is f**ked.
Stock Market is in the midst of a crash. Don't invest for 6 months. Could be worse,we could be Canadians. Yellow_Flash_Colorz_PDT_23
Yellow_Flash_Colorz_PDT_04
_________________ 
|
| Thu Sep 18, 2008 6:52 pm |
|
 |
|
shibby
[n00b] Member
Joined: Wed Jan 25, 2006 12:00 am Posts: 1197 Location: Howell, Michigan
|
G_I_Joe wrote: Long story short, financial market is going down the shitter.
see that is true but at the same time it isn't. see everyone is just freaking out about something that is common place. especualy when they are one of the ones that have been loaning the government the money for the war effort and i got that from the news. they say that AIG has a loan out to the government that has an 85% interest rate on it or something like that. and the government is really just paying back most of what they owe to them. so in all reality it is not a loan from the government as it is them paying back what they have already taken.
_________________HEADSHOT wrote: You would care after your d**k looks like a cheese pizza
<img src="http://i166.photobucket.com/albums/u91/sapikowski/remoteImage.jpg" border="0" alt="Photobucket">
<img src="http://pid.us.playstation.com/user/sapikowski.jpg" width="235" height="149" border="0">
|
| Thu Sep 18, 2008 9:38 pm |
|
 |
|
Falcon
[n00b] Member
Joined: Fri Sep 30, 2005 11:00 pm Posts: 5230 Location: Rogers, AR
|
SuperEffect wrote: My problem with things like this is that if these companies make huge profits i see none of the money but if they go under i as the tax payer have to flip the bill to bail them out.Discuss that. and super wins the big prize!!! Shokotan wrote: AIG???
What about Lehman Brothers??? Merryl Lynch???? Wachovia, Washington Mutual???? and the list goes on....
i agree with you, the whole financial sector is in the shitter. but what i think makes all those companies different from aig is that aig is the giggest insurance company in the world. it has over 600 million customers all over the world. it IS a global company. the others are hard to really call global
_________________
|
| Fri Sep 19, 2008 12:01 am |
|
 |
|
Vision
[n00b] Member
Joined: Wed Nov 17, 2004 12:00 am Posts: 4626 Location: Lakeland, FUCK!!!
|
One of the main problems in our ecnonomy now are all the financial instruments available to investors today, mostly derivatives.
The biggest problem is short-selling. Some investors find this type of investing very unethical (imagine that!). In part I agree because of the way investors use them in times like these. Short selling turns a small landslide into a massive avalanche. This creates a deeper pit to crawl out of which means as a whole it will take longer for the economy to recover. This is definitely the problem with the current economic situation.
I'm not a very ethical person when it comes to investing and if I had the money I probably would have been short selling my ass off. If it's legal I'm going to do it. That being said the SEC just placed a temporary ban on short selling 799 stocks on Friday.
I was looking forward to working for AIG when I graduate until I get my CERA and become a badass Risk Manager but I might have to look elsewhere now.
_________________ "attempting a Donkey Punch can lead to ... unpleasant outcomes," including "injury, death, or incarceration;" - Sex advice columnist Dan Savage
|
| Sun Sep 21, 2008 3:05 am |
|
 |
|
DurangoKiD
[n00b] Member
Joined: Sat Feb 19, 2005 12:00 am Posts: 2559 Location: Tampa, FL
|
|
| Sun Sep 21, 2008 8:40 am |
|
 |
|
Vision
[n00b] Member
Joined: Wed Nov 17, 2004 12:00 am Posts: 4626 Location: Lakeland, FUCK!!!
|
i bookmarked the website
_________________ "attempting a Donkey Punch can lead to ... unpleasant outcomes," including "injury, death, or incarceration;" - Sex advice columnist Dan Savage
|
| Sun Sep 21, 2008 5:42 pm |
|
 |
|
CupofSoup
Spammer Hopeful
Joined: Tue Jul 29, 2008 11:00 pm Posts: 295 Location: Arlington, TX... raised in Michigan
|
Canada is looking better with each passing minute in this fading republic.
F*CK hope.
|
| Sun Sep 21, 2008 6:54 pm |
|
 |
|
MIKE
Annoying Kid
Joined: Sat Nov 19, 2005 12:00 am Posts: 2810 Location: Playing TF2.
|
CupofSoup wrote: Canada is looking better with each passing minute in this fading republic.
f**k hope.
Canada is the land of the minority.
At least in Amerika you have Mexicans you can exploit and get rich with...
All we have is welfare abusing parasites. Sand AFRICAN AMERICANS that flee here from some shitty sand dune they used to call home and think they've earned the rights we so graciously give them.
|
| Sun Sep 21, 2008 8:15 pm |
|
 |
|
ApoKolypse
[n00b] Member
Joined: Thu Jan 05, 2006 12:00 am Posts: 8388 Location: London
|
Nobody's asking you to stay, Mike.
_________________Jonn "ApoKolypse" Leonard www.twitch.tv/45Bananas
|
| Sun Sep 21, 2008 8:20 pm |
|
 |
|