Tuesday, March 10, 2009

Who will insure the insurer (AIG) ?

Obviously, just reading the title of this article doesn’t make you feel warm and cuddly but still you have to listen to this guy.

In the same time the AIG PR machine is working overtime in order to convince the government to shell out some more cash, so here’s another interesting memo giving some details in the size of the problem.

Some obviously interesting numbers all around but especially page 17. If you can’t get your head to think in numbers over 12 digits long, just jump over to the conclusion for the happy oxygenated bullet point ending.

2 comments:

Statler said...

If "insurance (you can call me AIG) is the oxygen of the free enterprise system", no wonder we are all getting this asphyxiating feeling lately

Pops said...

Speaking of 12-digit numbers: http://www.pagetutor.com/trillion/index.html