Is the Obama administration setting up AIG for nationalization?

[Tigermoose]

A politically wise president would setup an emotionally charged situation where the populace demanded nationalization before attempting to take that kind of "socialist" step. Is Obama the maestro at work here?

Stay tuned....

[ayeshahaqqiqa]

1. could be

it would be a brilliant move, because it would be the People demanding it. I think that folks are getting disgusted with the behavior of these fat cats taking government money in bonuses--how exactly is that different than "welfare queens"?

[Tigermoose]

Nationalizing AIG might be THE MOVE that stabilzes the system

If the U. S. government could sell insurance for banks to cover losses on toxic assets, that could be a good way to stabilize the entire system.

[Why Syzygy]

2. Whatever the reason... I do get a gut feeling we're being played. nt

[bertman]

3. I certainly hope so.

[Tangerine LaBamba]

4. He has to nationalize them .

They have exceeded any rational, legitimate, or ethical boundary. They have become an infinite black hole, and they're just going to suck down the cash as fast as they can get it. They produce nothing, and they're inept.

They should be nationalized as quickly as possible. They're in a death spiral now..........................

[JDPriestly]

5. Probably the only solution, but it won't be called nationalization.

And it won't last long. The government will put in its own management, and that management will break up AIG and sell it off to investors piece by piece. It will take a few years to finish the job. The U.S. government is not about to try to manage a company like AIG for very long. The reality will be the equivalent of a receivership -- managed by court or government appointees on behalf of the creditors.

[MUAD_DIB]

7. Good. If they're "Too Big to Fail" then they

should be broken up so as to not be a threat to US economic stability in the future, and Obama should make sure that they are severely regulated.

[Rosco T.]

6. You catch on quick grasshopper :) n/m