AIG - Potential Damage to the Economy

  • 2010 0127 - GOV - 
    • Kanjorski, Paulson, Geithner, Cleaver??
  • Among the points highlighted for lawmakers was that A.I.G. was one of the 10 most widely held stocks in 401(k) retirement plans, and that its collapse could potentially cause an enormous run on mutual funds.
  • Or as Mr. Schumer explained after the meeting: “If A.I.G. went down, it would affect Main Street more than Wall Street.”

2008 0917 - WSJ - Throwing a Lifeline to a Troubled Giant, Andrew Ross Sorkin -  6p