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From: ayn rand8/1/2009 1:09:45 PM
   of 219056
 
After $182 billion taxpayer rescue, is AIG on the verge of collapse?

,..., "To summarize, AIG's core insurance companies seem to be like a shell game which AIG was able to continue operating because it was able to keep the cash moving from the affiliate that one state regulator had just examined to the one that another state regulator was about to examine.

Unfortunately, it would not surprise me if this was happening and continues to happen at all big U.S. insurance companies. Moreover, I would be shocked if former AIG CEO Hank Greenberg -- who has heaped scorn on his successors -- was unaware of this practice.

Is it too early to write off that $182 billion?"

dailyfinance.com
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