Sunday, September 14, 2008

AIG

Strangely, the real story tonight isn't Lehman or Merrill... it's AIG.
NEW YORK (Reuters) - American International Group Inc CEO Robert Willumstad turned down a private equity infusion and turned to the Federal Reserve for help, the Wall Street Journal, citing people familiar with the situation, reported Sunday.

It's all blowing up.

Exciting!!

WHEEEEEEEEEEEEEE


...guy on CNBC suggesting that government should "provide incentives" for speculators to buy up excess home supply.

I LUV ME SUM CAPITALISM!