Comments on: Past Haunts AIG as Bailout Solution Announced http://blownmortgage.com/2008/11/11/past-haunts-aig-as-bailout-solution-announced/ Free Home Loan Modification & Debt Relief Help For US Home Owners - Truths, Facts & News About the Mortgage Industry Thu, 08 Jul 2010 10:15:52 -0700 http://wordpress.org/?v=2.8.3 hourly 1 By: money merge account http://blownmortgage.com/2008/11/11/past-haunts-aig-as-bailout-solution-announced/comment-page-1/#comment-71433 money merge account Wed, 12 Nov 2008 21:47:03 +0000 http://blownmortgage.com/?p=1643#comment-71433 ill have to agree with cpruitt for the most part... i dont think the government should really ever intervene. i just hope we learn from our mistakes and that the market bounces back up sooner, rather than later :/<br>-jack ill have to agree with cpruitt for the most part… i dont think the government should really ever intervene. i just hope we learn from our mistakes and that the market bounces back up sooner, rather than later :/
-jack

]]> By: money merge account http://blownmortgage.com/2008/11/11/past-haunts-aig-as-bailout-solution-announced/comment-page-1/#comment-12108 money merge account Wed, 12 Nov 2008 20:47:03 +0000 http://blownmortgage.com/?p=1643#comment-12108 ill have to agree with cpruitt for the most part... i dont think the government should really ever intervene. i just hope we learn from our mistakes and that the market bounces back up sooner, rather than later :/<br>-jack ill have to agree with cpruitt for the most part… i dont think the government should really ever intervene. i just hope we learn from our mistakes and that the market bounces back up sooner, rather than later :/
-jack

]]> By: cpruitt http://blownmortgage.com/2008/11/11/past-haunts-aig-as-bailout-solution-announced/comment-page-1/#comment-12107 cpruitt Wed, 12 Nov 2008 12:31:05 +0000 http://blownmortgage.com/?p=1643#comment-12107 I'm completely opposed to the government bailing out anyone, but I was also completely opposed to government interference in the financial markets that allowed the situation to develop in the first place. That interference came int he form of the implied guarantee that so many businesses were too big to fail so the government would always pick up the failure tab. If it were always understood from day one that failure means failure, companies would not be able to take the sort of risks they have been taking over the years.<br><br>All that being said, if AIG doesn't continue marketing and convincing the independent financial advisers that selling AIG products is still worthwhile, they might as well shut the doors today. I'm completely opposed to the government bailing out anyone, but I was also completely opposed to government interference in the financial markets that allowed the situation to develop in the first place. That interference came int he form of the implied guarantee that so many businesses were too big to fail so the government would always pick up the failure tab. If it were always understood from day one that failure means failure, companies would not be able to take the sort of risks they have been taking over the years.

All that being said, if AIG doesn't continue marketing and convincing the independent financial advisers that selling AIG products is still worthwhile, they might as well shut the doors today.

]]> By: Justin McHood http://blownmortgage.com/2008/11/11/past-haunts-aig-as-bailout-solution-announced/comment-page-1/#comment-12106 Justin McHood Wed, 12 Nov 2008 02:23:12 +0000 http://blownmortgage.com/?p=1643#comment-12106 "AIG Blog Relations"? What a job that must be. Can't wait to meet that dude on Twitter! “AIG Blog Relations”? What a job that must be. Can't wait to meet that dude on Twitter!

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