Hmm... Interestingly, this is first time that insurance company comes close to winding up. But if it really goes down, who will ever believe in insurance?
In actual fact, insurance side of AIG shouldnt had made any losses unless they didnt buy insurance for themselves or got too greedy and forgot to hedge against their investment which are both big no-nos in the financial world. Anyways, I'm sure they will be able to tide themselves over with help esp from FEB. Oh wells, I just have to get my capital and here I come!!!!!! I shall buy more more lol. This is even more exciting than lucky draw!
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