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What's coming after AIG?
First comes Bear Sterns, then comes Fannie and Freddie, and then Lehman and Merrill, now AIG. What's next?
4 Answers
- ?Lv 71 decade agoFavorite Answer
You ain't seen nothin yet. The FDIC does not have anywhere near enough money to cover depositor's accounts in banks that are pretty near certain to fail? Get the picture? This is going to get nasty--in spite of the protestations of McSame and his crony in the white house that the economy is sound. Remember when GWB said he hadn't heard there was going to be $4 gasoline? Remember "Mission Accomplished:"? Remember when he said the feds would be there to help after Katrina? And he said the same thing about Ike? McSame now says that he really didn't mean the economy was sound when he said the economy was sound. Give me a break!!
- smlLv 61 decade ago
check to see what CEO is making billions and getting ready to bail out ; this is all a result of corporate greed