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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (417548)9/17/2008 10:00:01 AM
From: michael97123  Read Replies (1) | Respond to of 1578483
 
they are in a two year bankrupcy in reality. The big insurance cos. will buy their valuable insurance pieces. Firms like GE will buy netjets. The bad paper will be dumped in a fund and sold for pennies on the dollar to a hedge fund. Then they will pay off Uncle and the shareholders get whats left. There will be money there but 80% of that goes to Uncle.



To: Road Walker who wrote (417548)9/17/2008 11:58:48 AM
From: bentway  Read Replies (1) | Respond to of 1578483
 
I bought 100 shares of AIG, just as a flyer and as a patriotic measure. I've been making so much money shorting the American market, it was the least I could do..

It's currently totally underwater.


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