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Re: Ben Carn post# 1674

Thursday, 10/23/2008 1:57:10 PM

Thursday, October 23, 2008 1:57:10 PM

Post# of 8151
Its extremely hard to blame the whole company for the actions of a few and the fallacies that are inbred into the insurance system. Liddy has the ability to correct some of this even in this market environment but it takes time and help. IMO, AIG will survive this downturn as it should. The consequences of a failure by them would go a lot farther than jobs being lost.

My original post concerned the fact that Cramer is a big Pumper/Basher with his own audience and TV show. Though some choose to believe in his every word, I do not. He reminds me of the ex-taxi driver (Wade Cook) a few years back that was going to change the investment world with his rolling stocks. Where is he now that his system did not work in a changing market environment?

All this is IMO.
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