As expected, we say GoodBye to our beloved Lehman Brothers, instead of "GoodBuy" rated by many before.
In fact, this is just the beginning. Although investor want to put a dot to all these bad news, things would not end so easily once the fire had started.
After Lehman, AIG could be the next potential victim. Do not stop yet, and it's still counting...
Japanese Banks, Goldman Sachs, Merill Lynch, UBS, Barclays, RBS, and so on...
As to date, AIG have been fallen by more than 90%. Its market capitalisation hovering about $8billion only. Now, AIG is seeking a 'rescue tube', in orger to rides through this tough financial wave.
Potential outcome:
Yet, Fed come-in for another financial institution. (Boring, Dear Fed)
Sold its valuable assets, e.g. insurance arm (can live few more days)
Again, Say GoodBye
After all, we could declare - Economy's World War III
KKDay tealive until 5 May
KKDay Jalan Jalan with Tealive. Click here to redeem!
This is one of the most informative blog which is really useful for the people like us or investors.
ReplyDelete