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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: John Chen who wrote (214350)	8/6/2009 9:41:52 AM
From: Smiling Bob	Respond to of 306849

We'll be doing that with Freddie and Fannie as well US taxpayer is AWESOME!

To: John Chen who wrote (214350)	8/27/2009 5:40:43 PM
From: RockyBalboa	Respond to of 306849

AWESOME, indeed. in a bullish market, AIG sees three digits. A quick throwup of AIG yields an adjusted book value of 68, of which are 56 tangible, not counting possible gains from revaluation of previously written off assets. As such and assuming no failure; applying citibanks formula when they issued their $14 price tag for AIG (wrongly assuming that it could default) yields a price of around 47. So AIG could trade between 47 and 68, before adding $20 to $30 for the financial bubble valuation.