Monday, March 02, 2009

Too Insolvent to Survive

FEDS Dump $30 Billion More Down AIG Rat Hole.

Patterico asks, "Remember when that seemed like a lot of money?"

AIG posted a staggering $61.7 billion fourth qtr. loss.

AIG's stock plummeted from an over rated high of $49.04/share during April 2008 to a sub-basement low of .45 cents today.

And speaking of racing to the bottom - especially when a certain fearless leader opens his mouth - the Dow falls below 7,000 for first time since 1997.

Smile Train
Providing Cleft lip and palate surgery to children all over the world.
If you agree with these people that it's a worthy charity, please CLICK HERE to donate any amount.

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