So Tell Me a Little Bit About AIG?

Why is the Federal Reserve working so hard tosafe, every major company would have their
bail out AIG? Well, maybe you do not realize this,financial credit rating downgraded. Our stock
but AIG is a world-wide company, it is one of themarket would lose 2,000 pts and other world
largest companies on the planet. It insures nearlystock markets would simple collapse and trillions
every building, airliner, ship, oil platform andof dollars would evaporate in an instant.
re-insure lease agreements and deals around theThe Japanese Stock Market was up along with
World. They are a huge life-insurance company.other stock markets round the world as soon as
They have a 10 Billion Dollar aircraft leasingnews hit the wires that a deal to loan the
business, they have the largest network ofcompany was reached. This loan will enable AIG
broker dealers and financial planners.to make good on all its obligations and insurance
They are the ones who insure and re-insure indeals. AIG is not a company that is full of
case of huge calamities, and have the ability tocorruption, not even a little bit, it's one the best
hold up entire economies if catastrophe strikes.companies on the planet in fact.
They operate in over 100 companies, they evenAIGs recent problems stemmed from exposure
have insurance policies based on Sharia Law if youto runaway bubble games in the subprime lending
can believe that, and in China, it's AIG or no one.fiasco, that took down some of the largest
See, how big it is? See why it's so important toinvestment banks in the United States and still
the world economies? If we allow AIG to go bust,threatens regular banks in the US and Foreign
the ripple effect will take out a huge number ofBanks. AIG's government backed "loan" is a god's
companies.send to our trading partners right now and this
They insured the deals behind Lehman Brothersmove most likely saved the US economy from
and so many other investment banks. Can you"certain death" in this Earthquake that rocked the
imagine if all those policies simply stopped? No onefinancial world like a Hurricane the threatened to
would have insurance, no financial asset would beblow our house down. Think on this.