ajtj99's Market Pulse

[jdaasoc]

RE AIG

The guys at AIG are cheering that their jobs are now safe and don't care either about demise of current ownership or transition to basically government ownership.

RE GM
My mother in law is getting total run around from Horizion Blue Cross since my father in law, a GM employee for 41 years, passed away in AUG. There are acting like they made a clerical error in the transfer of account information and they will need another 1-2 months for paperwork to be corrected. They told her not to expect any retroactive coverage for the time frame from when he passed away to the time that they fix their mistake.

It seems Blue Cross knows that retiree benefits are going bye bye since they are flat out making every effort not to fix their "clerical error" and/or provide retroactive benefits.