The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Jim McMannis who wrote (214179)	8/5/2009 1:13:03 PM
From: Smiling Bob	Read Replies (1) of 306849

EVERYONE is looking for an eod failure. When that happens, and we're nearing that moment, hold on tight. Of course, AIG - up 44%- might have some pixie dust for us after close. LOL Good luck Cos In Talks To Buy AIG's ILFC Unit Seek More Financing -Report 9 minutes ago - Dow Jones News Related Companies Symbol Last %Chg AIG 19.53 44.45% GBX 10.08 -4.36% ONEXF 20.86 1.86% As of 10:30 AM ET 8/5/09 DOW JONES NEWSWIRES Private-equity firms that are in talks to buy American International Group's (AIG) aircraft leasing business are trying to raise money from sovereign wealth funds to help keep the deal on track, the New York Post reported Wednesday, citing sources close to the situation. Onex Corp. and Greenbriar Equity Group, in exclusive talks to buy AIG's International Lease Finance Corp., need more financing to satisfy ILFC lenders. The U.S. government may also increase its $5 billion guarantee of aircraft leasing debt to help attract more investors, a source said. AIG declined to comment. Full story at nypost.com -Dow Jones Newswires; 212-416-2900

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