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Preventing Financial Armageddon depends on saving AIG

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    #11
    Originally posted by DaveB View Post
    By most accounts they need $80 billion within the next 2 days.

    Not going to happen IMO. And yes, it's going to get very messy.
    I am sure if we have a whip round it should be no problem. I thought everyone on here was a millionaire - except me!

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      #12
      Originally posted by BrilloPad View Post
      I am sure if we have a whip round it should be no problem. I thought everyone on here was a millionaire - except me!
      Yeah mate, but you're lucky in love!

      Comment


        #13
        Originally posted by Churchill View Post
        Yeah mate, but you're lucky in love!
        Can I swap it and be a millionaire?

        Dont tell the gf or I am going to have my nads removed!

        Comment


          #14
          Originally posted by BrilloPad View Post
          Can I swap it and be a millionaire?

          Dont tell the gf or I am going to have my nads removed!
          Money doesn't buy happiness. It only makes being miserable such a comfortable place to be...

          Comment


            #15
            They are going to declare themselves bankrupt tomorrow apparently. HBOS will follow by Thursday, after that who knows?

            Comment


              #16
              Originally posted by Diestl View Post
              They are going to declare themselves bankrupt tomorrow apparently. HBOS will follow by Thursday, after that who knows?
              Don't talk bollocks!

              Churchill - In "Spreading his cash around in 30k chunks" - mode!

              Comment


                #17
                Originally posted by Churchill View Post
                Don't talk bollocks!

                Churchill - In "Spreading his cash around in 30k chunks" - mode!
                Could happen, all it needs is a few panicked customers to start withdrawing and a run on the bank will follow.

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                  #18
                  Oo - US govt may nationalise (conservatorship arrangement) AIG.
                  News just broke across Bloomberg wire. There's a surprise.

                  Looks like it'll be alright then.

                  Comment


                    #19
                    Will be an announcement at 6EDT.

                    Comment


                      #20
                      Originally posted by Diestl View Post
                      Could happen, all it needs is a few panicked customers to start withdrawing and a run on the bank will follow.
                      A friend of mine found he couldn't move more than 30k out of his IF (HBOS) account today.

                      If you can't get your money it does make you wonder.

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