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The Watercooler
Fasten your seat belts...
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<blockquote data-quote="Marcie Mac" data-source="post: 194678" data-attributes="member: 47"><p>I am TRYING not to look at my 401K although I cannot help but notice the big stock report on the MSN page...</p><p> </p><p>AIG is frantically using a pail to empty the water in the boat that is filling faster than they can empty it. If I worked there I would have to definately be sedated because part of the compensation package is their stock - down from a high of 67.00 or so to 12.00 or so.... And I think they are trying to do a loan on the policy holder surplus (reserves to pay claims) to help shore them up for their day to day operation. And this is BEFORE they know what kind of claims they have for the recent weather disasters..</p><p> </p><p>So I guess BofA is going to be increasing their fees even more to help pay for this acquisiton??</p><p> </p><p>Its just crazy..</p><p> </p><p>Marcie</p></blockquote><p></p>
[QUOTE="Marcie Mac, post: 194678, member: 47"] I am TRYING not to look at my 401K although I cannot help but notice the big stock report on the MSN page... AIG is frantically using a pail to empty the water in the boat that is filling faster than they can empty it. If I worked there I would have to definately be sedated because part of the compensation package is their stock - down from a high of 67.00 or so to 12.00 or so.... And I think they are trying to do a loan on the policy holder surplus (reserves to pay claims) to help shore them up for their day to day operation. And this is BEFORE they know what kind of claims they have for the recent weather disasters.. So I guess BofA is going to be increasing their fees even more to help pay for this acquisiton?? Its just crazy.. Marcie [/QUOTE]
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