Wednesday, September 17, 2008

AIG - Almost Incompetently Gazumped

They had us worried there. AIG's near collapse had my heart in my mouth when I thought about the jersey I have with AIG (Aaron is Great) plastered across the front. The 56.5m pounds Manchester United stand to receive in the next few years was suddenly at stake. Thankfully, the US government bailed AIG out with US$85b in return for virtual executive control. Oh well, as long as we get our money, though we can always negotiate a better deal given our triumphs last season.

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