AIG Gets "Bridge Loan"; Hedgies Get Free Shots

[insultant]

Numerous, world-wide investors such as sovereign wealth funds and private entities such as oil companies are flush with US Dollars from years of profits and trade imbalances.

Ask yourself this one question: Why is it these world-wide, smart-money investors would not offer the bridge loans necessary and profit from the asset liquidation? Hmmm.

[ircjunk2004]

You are right on.

[StandUp555]

Great presentation ... please keep'em coming.

You predicted GS and MS getting beaten up ... happened today , 18th. Sept. 2008 !

[freedomfighterone]

They did that with Bear Stearns.

[bustermcc]

great job

[TyredUvBS]

smart man

[CaliforniaArchitect]

Essentially what your saying is that the road to hell is paved with good intentions. It does assume that financial firms with a large number of credit default swaps will go the same way as AIG. It's probable, but it remains to be seen. Thanks for the video.

[thelinux]

Wow... You just opened my eye.

[ProspectorSam]

So, what *is* the plural of "cyclops"?

[motonegros]

A voice of competence and sensibility in a forest of bullshit and disinformation.

Great vids, keep em coming.

[anongrey]

"A voice of competence in a forest of bullshit and disinformation. I have got to remember that one.

[joshrain1]

hi karl, so you mentioned GS as an example, if some hedgies wanted to destroy GS and GS has written CDS, hedgies short, GS rating is downgraded and they can't raise capital. but how does AIG come into play here? the shorting of GS can happen regardless can it not? also why would it affect GS, for example, GS writes CDS (insurance) for BAC. only if BAC defaults would GS be affected, no? wouldn't this bailout mean soverign funds would loose confidence in our tbills and hurt the dollar?

[Hamarabi]

M.E. by trade, leaves me a bit clueless with regard to the intricacies involved in economy and finance; However, you have inspired me to learn everything I can about the subject and do it quickly.

Could you recommend a website that gives a beginning, intermediate, and advanced crash course on money matters?

P.S. I do get that the economy is crumbling due to lack of oversite and lack of responsible regulation and crooks are bleeding America dry because nobody is stopping them.

[dellsprospects22]

this is 85 billion

[njhandymanservice]

So do you think the hedge fund managers will take advantage of your theory?

[Hamarabi]

I have just recently started reading your ticker and watching your videos which have left me both amazed and shocked at the same time. I am amazed with your enormous knowledge and formidable command of the subject matter and shocked at the dire circumstance of your warnings. You do a great service to your country by letting people know what is actually going on. The problem: Most people are either too stupid, too scared, or too complacent to do anything about it! Also, Congress is bought.

[usajesus1]

its guys like this that are destroying america. he needs to be locked up not providing instructions on how to hurt this great country

[UTubeIsSpam]

The smartest guy on You Tube.

[power2theq]

So, if the Federal Reserve decides to exercise the "warrants", they become the defacto owners of AIG? Okay, I can see that since the Fed is providing AIG with capital to stay afloat.

The question that I have is this: Since the Fed is a privately owned entity, who actually ends up owning AIG if the "warrants" are exercised?

[Repomex01]

The worlds Elite.