AIG to fall in 2009

Or something along those lines. Could be AIG to recieve another bailout, or AIG to collapse etc. I think any stock which can act as a kind of finger on the pulse of the credit crunch would be cool. Perhaps the S&P to hit 600 in 2009?

Inspired by this piece:

"And you thought AIG's $62 billion quarterly loss last month was bad -- turns out that the company has a further $1.6 trillion in outstanding derivatives exposure, according to this leaked memo that AIG sent to the US Treasury in order to beg for another $30 billion."

[www.boingboing.net]



Edited 1 time(s). Last edit at 03/09/2009 11:44PM by ltgorman.

S&P500 to hit 600 and S&P500 to hit 500 would be great (based on daily closes). Could also do a NZX index too NZ50 to hit 2000?

I like the S&P stocks.

Not sure about AIG. How to define 'fail' in all the ways it could possibly happen?