Thursday, March 19, 2009

MEMO TO AIG EMPLOYEES

4 comments:

Cliffynator said...

It's a shame that anyone should have to be concerned about their safety like this. Insurance companies ARE scumbags, but they don't deserve this.

BTW, can someone please tell me why AIG is up 17%+ today? And why they've been going up throughout all the public crucifixion???

John C. Lee said...

Well, these fuckers shouldn't be paying out $165 million, when they got $170 billion from taxpayers. People will get hurt.

It's the mother of short squeezes

Cliffynator said...

http://xkcd.com/558/

I don't think it's the dollar amount so much, it was just in poor taste. I just heard this morning that Citi spent $10M to renovate their offices on Park Ave. They claim it's consolidating offices to save in the long run, but still bad timing.

Does it seem that Wall Street doesn't truly think there's a recession out there? I'll keep watching FAZ...

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