Thread: American International Group, Inc.

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  1. #1

    Default American International Group, Inc.

    I want to know what everybody thinks about AIG. I read on bloomberg Aig will buy out Fuji Fire and Marine Insurance Co. for 47 billion($563 million). I'm speculating that their stock should increase if they buy them out.
    Back in 09 when they sold their Tokyo real estate and their stock decreased. i'll watch it some more and see how things go.
  2. #2

    Default

    I don't think AIG is a reputable business, and god only knows what the tangled web of accounting trickery will reveal in the long run. treat it as a trade, maybe, but i would highly recommend not investing in AIG. i would speculate a large purchase would decease the stock price
  3. #3

    Default

    Yeah, there are some stocks I stay away from due to political reasons,
    this AIG would most likely be one of them, and that's putting it real nice.
  4. #4

    Default

    yeah, i have no confidence that i won't wake up one morning and see this thing has gapped down 15% on some breaking news overnight.

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