AIG IS OK

AIG is finally out of the woods from now after the Federal Reserve pumped in $85 bil bridge loan to alleviate the liquidity pressure in the company. As an employee of AIG, I do have strong faith in the company and I believe that AIG could pull through this difficult times despite the market sentiments and global economic meltdown.
AIG will need some time to dispose off some of it's cash cow companies to repay it's debt within 2 years from now. Our CEO Brad Bennet has given his assurance that our insurance business will continue as usual and we have enough capacity to settle claims within Malaysia. This is because AIG's reserves in Malaysia is governed and controlled by BNM. Based on our paid up capital, we have the financial strength to accept risk and honour claims.Our New Chairman Edward Liddy, formerly from Allstate, has also given his assurance that the company will continue it's operation over 130 countries worldwide. I urge all employees of AIG to have faith in the company. We need to develop the trust and confidence among policy holders that the company is rock solid and too big to fail. The $85 bil bridge loan is merely 8% of our 1 trillion assets. We will survive this global economic upheaval and we will be getting up from our knees stronger than before! Just remember that "In the ash of defeat, burns the greatest fire of accomplishment" - quoted by unknown person.

"I am naturally an optimistic person and I believe we will get through this crisis..." - Edward Liddy, new Chairman and CEO of AIG.