Wednesday, September 17, 2008

AIG shares for less than USD 3.00?



AIG Shares for less than USD3.00? No joke! http://biz.yahoo.com/rb/080916/aig.html
If you never heard about this Financial giant - American International Group (AIG), perhaps you heard about "AIA" insurance before. Just within one year, their stock are trading at the range of 40-60 USD, but now, it fell as low as less than 2USD, no shit! I wonder if anybody committed suicide for that? Imagine all your RM50 notes shrinks to RM2. CNN is concentrating on their reports on Merrill Lynch and AIG in today's evening news on TV. Giants are falling down... recession is approaching...or perhaps they are already there just that we didn't pay much attention what is happening abroad.

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