30 October 2008

Where Did the Cash Go A.I.G.?

The New York Times posed this question in yesterday's paper concerning the $123 billion they received earlier this month. Take look at the article here.  Analysts are looking for clues as to whether or not executives  knew about losses prior to the bailout. Kinda hard to stomach that they were doing well in September then NOT in October. And get this,  the internal auditor is in seclusion! Now why is THAT necessary. Since I have a little money (and I mean a little) with them I am keeping my eye on this to see how it unfolds

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