DISQUS

Justin McHood · 1 year ago

"AIG Blog Relations"? What a job that must be. Can't wait to meet that dude on Twitter!

cpruitt · 1 year ago

I'm completely opposed to the government bailing out anyone, but I was also completely opposed to government interference in the financial markets that allowed the situation to develop in the first place. That interference came int he form of the implied guarantee that so many businesses were too big to fail so the government would always pick up the failure tab. If it were always understood from day one that failure means failure, companies would not be able to take the sort of risks they have been taking over the years.

All that being said, if AIG doesn't continue marketing and convincing the independent financial advisers that selling AIG products is still worthwhile, they might as well shut the doors today.

money merge account · 1 year ago

ill have to agree with cpruitt for the most part... i dont think the government should really ever intervene. i just hope we learn from our mistakes and that the market bounces back up sooner, rather than later :/
-jack