At this point it looks like they need to break up AIG, liquidate the holding company's assets and delist it from the Dow. I don't know how they're going to sort out without making a big mess though.
If they do something, they have about a day to do it from what I'm hearing or all hell will break loose again in the next 2 days. I'm just hoping this creates a buying opportunity in other sectors. The Hang Seng is now down 6%...
Not that it matters this early, but DJ and S&P futures are up right now. AIG, GS earnings, FOMC meeting... this could be a fun day.
Where would that be exactly? I'm looking to buy up property from people who need to sell ASAP. Also, Craigslist is a gold mine right now for ibank swag. Rumor on the street is that Wachovia and WaMu are next on the chopping block.
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