AIG Subordinated Debentures (AVF)

[martingale]

Thanks for dropping by Nick. This is really the type of thing that people should put in their 401K plans and other long term accounts such as IRA's and so on.

Once I bought a 10 year CD at 13.5% interest and while it was boring it paid out alot of money over time. For example with this security held until maturity a person would make approximately $78 over a 39 year period. Not paid for a $5
investment.

Of course the fate of this security is closely alligned with what happens at AIG as a whole and so we will be posting breaking news here as well as over on their board.