World Financial Turmoil after AIG?

As expected, we say GoodBye to our beloved Lehman Brothers, instead of "GoodBuy" rated by many before.

In fact, this is just the beginning. Although investor want to put a dot to all these bad news, things would not end so easily once the fire had started.

After Lehman, AIG could be the next potential victim. Do not stop yet, and it's still counting...
Japanese Banks, Goldman Sachs, Merill Lynch, UBS, Barclays, RBS, and so on...

As to date, AIG have been fallen by more than 90%. Its market capitalisation hovering about $8billion only. Now, AIG is seeking a 'rescue tube', in orger to rides through this tough financial wave.

Potential outcome:
Yet, Fed come-in for another financial institution. (Boring, Dear Fed)
Sold its valuable assets, e.g. insurance arm (can live few more days)
Again, Say GoodBye
After all, we could declare - Economy's World War III

Comments

Popular posts from this blog

"You Can Keep Your Existing Health Insurance"

5 Unusual Tricks to Help you Save Up

Things We Now Know