American International Group, Inc. (AIG)

[bowonwing]

Buffet looked into buying AIG and walked away. We all know Buffet would have loved to have bought AIG, right up his alley.
Ergo, there must be some very toxic waste at AIG. Why was the Fed (excuse me, the U.S. taxpayer) the only entity who would loan AIG the $85B!!
IMO, AIG will follow FNM and FRE to penny land. Sad but true.

My prayers go out to all AIG employees, except executive management, and LEH. Ten of thousands losing their jobs, and perhaps their savings.