AIG 4th QTR Losses sets records

[kenshirley]

AIG just posted the largest losses ever of some $60 billion for the 4th QTR.
And they are getting yet another $30 billion from the taxpayers in the form of a bailout.
The stock market this AM was below 7000 for the first time in a long time.
It's far from over folks.

[Scott50]

expect things to get much worse- 10% unemployment by 2010; housing pricing to continue to tumble...