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Injunction Sought to Keep A.I.G. Assets in California

nytimes.com — Lawyers in California asked a judge to bar A.I.G. from transferring money out of the state, out of concern the company may not have enough assets to back its policies.

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  • WordsnCollision, on 10/31/2009, -1/+15In other news, AIG still has assets after all the bonus were dished out.
  • Kesereti, on 10/31/2009, -0/+4Or at least their spokesperson SAYS they do.

    Then again, many of the failed banks SAID they were doing perfectly fine right up until they collapsed (and some even continued to do so AFTER they collapsed), so...truth, or PR?

    Time will tell.
  • gkiltz, on 11/01/2009, -0/+1They may be able to forestall the inevitable.
    That's all they can do.
  • proflacroix, on 11/01/2009, -0/+1i think the lack of comments here speaks pretty loudly about our collective attitude toward AIG and their assets

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