W wareco Sep 16, 2008 #2 Interest on outstanding balance is 3-month Libor + 850 basis points. Damn thats around 11.3%. That will be nice, if the gov't ever sees it.
Interest on outstanding balance is 3-month Libor + 850 basis points. Damn thats around 11.3%. That will be nice, if the gov't ever sees it.
T The Kin Sep 16, 2008 #5 Quote from wareco: Interest on outstanding balance is 3-month Libor + 850 basis points. Damn thats around 11.3%. That will be nice, if the gov't ever sees it. More... I wonder if its fixed or an adjustable-rate Fed loan. We all know the problems caused by the latter.
Quote from wareco: Interest on outstanding balance is 3-month Libor + 850 basis points. Damn thats around 11.3%. That will be nice, if the gov't ever sees it. More... I wonder if its fixed or an adjustable-rate Fed loan. We all know the problems caused by the latter.
W wareco Sep 16, 2008 #6 Quote from The Kin: I wonder if its fixed or an adjustable-rate Fed loan. We all know the problems caused by the latter. More... I don't know if its adjustable, but is there any doubt about it being a liar loan?
Quote from The Kin: I wonder if its fixed or an adjustable-rate Fed loan. We all know the problems caused by the latter. More... I don't know if its adjustable, but is there any doubt about it being a liar loan?
T The Kin Sep 16, 2008 #7 ^ True. So what happens when they have used up the entire $85 billion... Can AIG apply for a second Fed loan at up to 125% equity?
^ True. So what happens when they have used up the entire $85 billion... Can AIG apply for a second Fed loan at up to 125% equity?
F FGBS Sep 16, 2008 #8 Looks like the Japanese stock is closed. Which pre-market ecn or exchange opens it up first? Any info would be much appreciated. I say it opens around the same and swings between 1$-3$ until NY opens.
Looks like the Japanese stock is closed. Which pre-market ecn or exchange opens it up first? Any info would be much appreciated. I say it opens around the same and swings between 1$-3$ until NY opens.
