Cramer on AIG Disaster

Cramer: The Market's Fate Rests With AIG
Jim Cramer explores the two possible scenarios for AIG and the ramifications of both.

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[pepaxlirika]

PULGARES ARRIBA SI LLEGASTE AQUI VIENDO WEAS DE KRAMER XDD

[farhmoha]

lol this guy is funny hahaahahahahahahaha why is he acting like that.........

[redarrowhead2]

@shfbdfi1273 i wish it was that simple but they'll probably go work next door in some slightly smaller skyscraper

[123ableTHERollyboy]

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[MrBanker2222]

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[marinello6]

@gLdFsh3787 I love gold too but it does not end fractional reserve banking. It never has. Each government has to issue its own currency at zero interest. There is not need to borrow from private individuals at interest and with endless money creation via the fractional reserve system.

[marinello6]

Financial Gibberish designed to sound sophisticated so that you do not understand it. No one understands Gibberish. It is baby talk. The answer is right below. The average Joe and Jane can understand finance. Banking is a simple pyramid scheme. Iceland survived. A central bank Debt Based Privately owned system will never be there for the Common Good!

[marinello6]

Citibank is NOT TOO big to Fail! Cramer is full of SHIT!

[marinello6]

End Money Creation by privately owned banks and end Fractional Reserve Banking. Money should only be issued by governments in order to control the quantity.

Governments should issue their own money; not borrow from privately owned banks. Otherwise we are doomed to a world ruled by a plutocracy. A gold standard will not stop fractional lending.

Even Goldman was leveraged over 300 to one.

The leverage by banks was way beyond the standard 10 to 1 which should not even be.

Common Good!

[gLdFsh3787]

Turn money into gold and gold into money at Gold Trading Academy. Come watch the proof of 90% accuracy in gold trading, google Gold Trading Academy to learn more.

[jiveturkeyusa]

AIG was bailed out to cover non collateralized credit default swaps bought by Goldman Sachs and others (bets made against the housing market). Hank Paulson (Former Goldman Sachs CEO) was the Treasury Secretary that pushed for the bailout of AIG. Tax payer's money was then funneled through AIG to pay Goldman Sachs' bets against the housing market. They should all be charged with RICO.

[sandsucker1]

Fuck AIG.

They are denying medical treatment to contractors who risk their lives to support our military. They take tax dollars to provide workers comp coverage but refuse to provide any treatment.

Pelosi and Obama received hundreds of thousands of dollars in campaign contributions from AIG. Pelosi's husband owns thousands in stocks.

The Dept. Of Labor is owned by AIG. They hire from the DOL as a reward for letting them do what they want. ROT IN HELL ALL AIG EMPLOYEES!!