CNBC: AIG in trouble too. Quotes below.

[Renew Deal]

The talking head at CNBC just said this.

"CEO of AIG turning down private equity money and turning to the Federal Reserve for help."

The analysts are saying "I don't think they can do this."

"If there's recourse, it's a huge taxpayer bailout. If it's not recourse, it's just lending." What does that mean?

[AlCzervik]

1. it might be easier to list which big financial houses are not in trouble. i'm sure that list

is much shorter.

[TomClash]

2. AIG can't go to the Fed window

So they may be bought too.

[LiberalHeart]

3. FEMA is screwing up with Ike; maybe they'll go to Wall St. instead.

[FreakinDJ]

9. 2 off setting Screw Ups would make a positive maybe?

[bicentennial_baby]

4. Someone on CNBC recommending that Goldman find a buyer now

:o

[Name removed]

5. Deleted message

Message removed by moderator. Click here to review the message board rules.

[sandnsea]

6. And will JP Morgan purchase WaMu?

How long does it take before the depression hits? Seriously, because I don't know how long it took in the 30's.

[FreakinDJ]

10. not too much longer now

Its already here if you fiqure in people have been living off the Re-Fi money since Bush took office and outsourced America's economic future

[bluestateguy]

7. This is why I keep my money out of the stock market

nt

[high density]

8. "I can't think of a single precedent" for AIG's access to FRB funds.

This is crazy!

[slipslidingaway]

11. AIG looking for a bridge loan from the Fed while it sells assets