Analysis of Forex Trading, Financial Markets, and Economic Policies
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In the world of finance, you always see a lot of flowery language. AIG is no exception. This is what their financial products group liked to claim before the collapse: “All of our structured investments adhere to a thorough and disciplined approach to security selection…” Fail. The gimmicks can only work for so long. Here [...]
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AIG stated that it cannot fail. It appears that a confidential document leaked out which had AIG describing its exposure and possible consequences in the event of its failure [nothing we didn't really know though]. A lot of people are skeptical about AIG’s “systemic risk”; however, if Lehman Brothers was any indication, it is that [...]
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After a day where the Dow Jones closed down 504 points, what’s next? Lehman went bankrupt. Merrill barely made it. And now they are after the other big investment banks. Well, I believe you should just continue to follow the recent trend, and short the financials…even more! First, Standard and Poor’s cut of AIG‘s key [...]
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