AIG facing liquidity crisis!

[LadyRider]

According to AIG, they will not touch daw the Asian Market Partners because the companies in Asia are very stable.

There is in the Insurance Law that the US (Mother Company) do not have the right to touch the money of the people investing in their sister companies abroad. In short, the funds of Philamlife will not be taken from them by AIG because its the money of the Filipinos and not Americans.

So rest assured, your investments with Philamlife are safe.

[tidus1203]

the gainers are the ones who bought bond-default insurance from AIG.

sobra laki ng obligations ng AIG sa kanila.

That is if AIG can still pay them If not they are also losers. IMO the biggest winners in this debacle are the people who underwrite this junk and spread it around.

[paolorenzo]

Sino na kaya mag-s-sponsor sa Manchester United? :D

[CVT]

According to AIG, they will not touch daw the Asian Market Partners because the companies in Asia are very stable.

There is in the Insurance Law that the US (Mother Company) do not have the right to touch the money of the people investing in their sister companies abroad. In short, the funds of Philamlife will not be taken from them by AIG because its the money of the Filipinos and not Americans.

So rest assured, your investments with Philamlife are safe.

Yes Sis.

However, their mutual fund is losing since the 'crisis' started as market sentiments are sagging... Hope it recovers soon....

6707:choir:

[tidus1203]

AH mutual fund iba yan sa insurance if the value drops ipit ka na diyan, that is beyond AIG's control since mutual funds are invested in stocks or bonds and we know stocks are like the plague these days.

[uls]

hahaha Manchester United will now be sponsored by the US Federal Reserve

ung AIG logo sa uniform should be replaced with "FED"



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Ya, what happened to the AIG holding company doesnt materially affect Philam.

But financial companies rely on the public's confidence in them for their continued existence.

Confidence in the AIG brand has been hit.

[tidus1203]

Ito na yung logo na makikita mo sa damit nila

[uls]

hahaha

exactly

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i have a new name for AIG -- the United States Department of Insurance

[uls]

new uniform for manchester united:

[Zeus]

Nakita ko sa CNN at CNBC news dami nagwwithdraw ng investment sa AIA sister company ng AIG sa Singapore.