Replies to post #2199 on American International Group, Inc. (AIG)

[CohibaMan]

I have to agree. Paying off debt WITH debt is not what AIG needs to do. THEY HAVE TO SELL ASSETS! Of course, the problem is that everybody is in a pinch, banks aren't lending, so it is hard to make a deal. Should AIG sell something for a few billion and start paying off debt, THAT would be some decent news, and that should start the ball rolling for a nice steady upward climb. I believe the deals they are most close to finalizing are insurance units in the Philippines. The airplane leasing business is a HUGE one if they can ever finalize that. But I will be more than happy with a 2 billion dollar deal here, a 1 billion dollar deal there, and put that towards the debt.