AIG and CNBC
Posted: Tue Sep 16, 2008 12:51 pm
I was watching CNBC today... and the commentators or hosts or whatever you want to call them were commenting on how penetrated "main street" was by AIG - life insurance policies, auto insurance, annuities and all kinds of other products. The implication she was making is that these products and services were now jeapordized by AIG's current status. Her ignorant comments could cause even more trouble for AIG by having consumers even more confused about AIG and having these clients come in and say, hey what's up with my policy, AIG is going to the toilet.. etc etc.
From what i see, AIG is still operating fine. What they say is that AIG is having an equity only issue. My thing is why can't someone from AIG put it into laymens terms for teh common folks that AIG products are strong and that AIG has gazzillions in assets and that tehre is nothing to worry about. While one single question/comment from the idiots at CNBC could put the company in even more unnecessary trouble.
Anyone else share these thoughts?
Meytai
EDIT: Since AIG is so "penetrated" into main street - it's in AIG's interest to pay for a commercial or something to inform the public
From what i see, AIG is still operating fine. What they say is that AIG is having an equity only issue. My thing is why can't someone from AIG put it into laymens terms for teh common folks that AIG products are strong and that AIG has gazzillions in assets and that tehre is nothing to worry about. While one single question/comment from the idiots at CNBC could put the company in even more unnecessary trouble.
Anyone else share these thoughts?
Meytai
EDIT: Since AIG is so "penetrated" into main street - it's in AIG's interest to pay for a commercial or something to inform the public