Aig

all the liabilities of the brokers.

talk on the street is, smells single digits.

My friends and I , knowing most all of this stuff, wondered how this would end. I think we al now know.

We're all going to feel like the guy with the shovel following the elephant in the parade.
 
I'm getting killed on this one. Fortunately, it's not a margin trade - just cash. But I'm in it for 1000 shares at $24. I wonder if I'll ever see that again in my lifetime.
 
Quote from Ivanovich:

I'm getting killed on this one. Fortunately, it's not a margin trade - just cash. But I'm in it for 1000 shares at $24. I wonder if I'll ever see that again in my lifetime.
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Well, you've been reading my posts, reluctanly I gather, for three years.

Do you think I've been guessing?

Single digits. THat's the word on the Street. They have 600mm Frannie pfd. perpetual, and no div. They've been advertising for term, life, home, old age, car, boat, bellybutton lint insurance for months, bragging about low rates. Think they need capital?

Llike I said. This is how it ends. Get a shovel, and join us.
 
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