I got my premium bill from AIG last night. After doing research and getting several quotes I went with them for my term life policy a few years ago. Why not - they were one of the biggest (maybe the biggest) and best rated insurance companies out there. I put my check in the mail this morning, but somehow I get the feeling this is like dropping a ball on a roulette wheel. :censored:

I don't think AIG will ever totally fail. There is too much wrapped up in them.

Besides, Obammer has an unlimited supply of other peoples and their unborn kids and grandkids money to play with. :thumbsdow

Socialism!!!!

All the delusional right wing rhetoric aside, AIG truly is "to large to fail". There would be catastrophic consequences if they were to suddenly implode.

I love this "too big to fail nonsense". Yeah just keep trowing money down a deep black hole. At some point AIG will fail regardless of the amount of money thrown at it. So we can either deal with it now or suffer even worst later.

That's pretty detached from reality and grossly simplistic. AIG is vital and not going anywhere. Nobody is seriously talking about letting the company fail, that's an ultra fringe opinion sorry to say

There are many good divisions in AIG that are profitable and can continue to function very well on their own. The problem is with the division/divisions that got caught up in investing in "bad paper" caused by the housing market. What would be so hard about spinning off the good divisions and letting the bad part fail. This way the company can reset and build itself back up using sound business practices.

Only time will tell but if GM and Chrisler are any example trowing money at failures without massive overhaul is just a waste of our and our children's hard earned money.