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Strategies & Market Trends : The New Economy and its Winners

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To: stockman_scott who wrote (44493)	9/16/2008 3:20:07 PM
From: Doren	of 57684

AIG is going down IMHO. The ideologues in the administration have to stick by their ideology. Roosevelt would have intervened with a bridge loan. They hate Roosevelt and it would be an abandonment of their ideology to provide the loan. (Ironic in that other forms of corporate welfare are treated with a wink and a nod.) I think the street knows this. The failure of the fed to lower is a pretty clear indication that the free market is going to prevail here. Some in the market still have hope and people are profiting on that hope. Part of AIG going down is factored in. But not all so it will still suck everything else down with it.

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