AIG

HarryCrushNuh

AIG has entered the chat

Prussia_alt_hist

You are directionally right and sloppily wrong. The strong part of the thesis is this: post-2008 regulation pushed credit intermediation away from banks and toward nonbanks, private credit, insurers, and fund structures that are less transparent and less liquid under stress. Banks are still tied to that ecosystem through direct lending, commitments, financing lines, and counterparty links. Moody’s data cited by Reuters says U.S. banks had roughly $300 billion of loans to private-credit providers by June 2025, another $285 billion to private-equity funds, plus about $340 billion of unused commitments. The IMF has also warned that bank exposures to nonbanks in the U.S. and euro area can exceed banks’ Tier 1 capital, and reporting around the IMF’s 2025 stability work put U.S. and European bank exposure to hedge funds, private credit, and similar nonbanks around $4.5 trillion. That part is real.  The other strong part is borrower quality. The IMF’s 2025 stability work did flag that more than 40% of private-credit borrowers had negative cash flow by the end of 2024, up sharply from 2021. Fitch’s U.S. private-credit default rate was 5.8% in January 2026 and 5.4% in February, with payment-in-kind features involved in a large share of recent default events. So the sector is not clean, and PIK accounting is absolutely capable of masking stress for longer than public markets usually tolerate.  Your analogy breaks when you jump from “vulnerable credit complex” to “this is 2008 again.” It is not the same structure. In 2008 the core of the system itself—bank balance sheets, broker-dealer funding, subprime securitization, and AIG-style guarantees—was directly loaded with assets that were widely misrated, mark-to-market sensitive, and financed short. Today the problem is more likely to be a grinding credit impairment and liquidity mismatch across semi-liquid funds, insurers, PE-owned borrowers, and bank credit lines, not an overnight collapse of the entire payments system. That can still be ugly. It is just a different failure mode. Reuters reporting over the past two weeks reflects strain, redemption pressure, markdowns, and tighter bank lending to the sector, not a proven 2008-style systemic seizure yet.  Some of your specific numbers are inflated or unsupported. Blackstone’s fund is not an $82 billion vehicle hit by $6.5 billion of redemptions, based on the reporting I found. Reuters reported that Blackstone’s BCRED saw $3.7 billion of withdrawals in Q1 2026, on an $82 billion fund, and Blackstone raised the withdrawal cap to 7% while injecting capital to meet requests. That is pressure, not a run.  The insurance claim is also overstated. Recent reporting put U.S. life insurers’ private-credit exposure at about $482 billion at year-end 2025, around 8% of total life-insurance assets, not 20% of the entire U.S. insurance industry’s assets. There are legitimate concerns around private ratings and capital treatment, but your figure is not credible.  I could not verify your “BlackRock CLO breached its collateral triggers” claim from reliable primary reporting. I did find Reuters reporting that CLO managers are trying to reduce software exposure because they fear downgrades and defaults, but that is not the same as a documented trigger breach at a named BlackRock vehicle.  The Deutsche Bank point is partly right. Deutsche disclosed a private-credit portfolio of about €25.9 billion, roughly $30 billion, and UBS research cited in Bloomberg said Deutsche had the largest exposure among European lenders to nonbank financial institutions. But “30% of its loans to NBFIs versus 8% European average” did not show up in the Reuters source I could verify, so treat that ratio as unconfirmed unless you can point to the UBS note directly.  Your Citi “systemic amplification factor of 14.8x” looks especially weak. I could not verify it from a credible bank filing, regulator, or major news source. What I did find was that exact language circulating in reposts of the same social-media thesis. Until there is a source, treat it as contaminated data.  The oil section is where you overcooked it hardest. As of March 22, 2026, Reuters had Brent around $112, after an 8.8% weekly rise, and other reporting put it near $119 at peak moments. Some physical grades outside Hormuz, especially Omani crude, traded above $150, and Saudi scenarios discussed the possibility of $180 if disruption lasts beyond April. But “oil went to $170 physical” is not a clean benchmark statement, and presenting it as the market level is misleading. The correct version is: benchmark crude is a bit above $110, some physical barrels have traded dramatically higher, and prolonged disruption could push prices much higher still.  The macro conclusion is plausible but not proven. The IMF, ECB, and market reporting all say the Iran war is raising inflation risks and weakening growth, making rate cuts less likely and in some jurisdictions reviving hike risk. That is bad for weakly cash-generative borrowers. But “the Fed is trapped” is rhetoric, not analysis. Central banks are dealing with a stagflationary shock; they are not mechanically unable to move.  Net assessment: Your core insight is good: private credit is a real stress transmission channel, banks are still connected to it, insurers are more exposed than the old “safe boring money” story suggests, and an energy shock is exactly the kind of thing that exposes fake coverage, PIK dependence, and refinancing fragility.  Your bad habit is turning a good structure into a tradeable certainty by stuffing it with half-verified numbers and forcing a perfect 2008 analogy. That degrades the argument. The clean version is not “this is 2008 again.” The clean version is: this is a slower, more opaque credit stress cycle with real contagion channels, real valuation games, and real macro accelerants, but the evidence today supports vulnerability and repricing, not yet a proven systemic collapse.  So the verdict is: You are wrong if the claim is “same structure, same inevitability, same immediate outcome as 2008.” You are right if the claim is “private credit has recreated credit risk opacity through different intermediaries, and the Iran-driven energy shock materially raises the odds that this gets stress-tested hard in 2026.”

caeseron

Well, im still 70% up on the AIG shares i bought around covid so im alright mate, will keep doing what I know works.

_Doomer_Wojack_

2008: bad mortgages into CDOs into banks into AIG. Nobody knew who held the risk. 2026: overleveraged private credit into CLOs into banks into insurance companies. Nobody knows who holds the risk. Except now you add $170 oil breaking every borrower’s cash flow while the Fed can’t cut because inflation is ripping. 40% of borrowers already have negative free cash flow. Funds are gating withdrawals. Blackstone just ate $6.5 billion in redemptions. Different decade. Same movie. TLDR: short the whole financial market

Full_Pear449

Bank do it all the time. I sleep very very well every night. Traded 25+ years for a Primary Dealer, you learn the ins and outs very quickly. Retired at 50, and yes, there were some hairy, scary days along the line. Worst was 2008-2010, we were short Leh, MS, ML, AIG, CS, DB, C, and a few others. The other play was CDO's, there were multiple ways to play that. BUT, intelligence and research prevailed.

Yoosanam

Circling bombs till they explode or possibly it is becoming too big too fail like old AIG

korben2600

Dimon's out here saying the cockroaches are coming to light. Lloyd Blankfein saying private credit is reminiscent of 2008 like 4 days ago: “I would be very aggressively marking to market, making people sell certain things that even if they’re liquid, try just to make sure you could.” Now this. The broader issue here is nobody really knows the extent of the derivatives market's exposure. Nobody knows if we have another AIG situation because our swaps regulator is snoozing. Private credit might not itself be the catalyst for a rout but we in polycrisis times now.

Basis_404_

So is Blackrock pausing private credit withdrawals this generation’s AIG or this generation’s Bear Sterns?

Les7X

Also, AIG smashed earnings and has amazing guidance: down 8%

ZealousidealLake759

Sam Altman putting in his restaurant order: "One 2008 Lehman Brothers + AIG Bailout per year, for the next 3 years please"

vanceraa

I mean it’s pretty standard that 10 trading days to revert to the mean is the norm for these offerings. General Electric did the same with BHGE, AIG did the same with AER. There’s no dilution of shares, it’s just shares changing hands.

hulks_brother

AIG. One of my first trades in 2008. It taught me that, yes, stocks can go down and never recover. It taught be about reverse splits. I keep if to keep me grounded.

Last_Cauliflower3357

Over the past year I’ve bought asset/capital heavy companies with no chance of being replaced by AI. Claude Work isn’t going to be making Pepsis any time soon. Josh Brown coined it as HALO stocks - High Assets Low Obsolescence this week on The Compound podcast and I feel that this is the theme of the market this year. I have like 60% of assets in long term World ETF that is just there forever and then I have 5 stocks - PEP, GOOG (which appears as the winner of AI at this point), RTX, AIG and TGT.

_bwhaley

Ahh?m, AIG. Nice:

DaemonTargaryen2024

Any time. It's a dangerous logical fallacy to conclude – with 20:20 hindsight – that picking the few best performing stocks means you should concentrate your portfolio. It's not remotely repeatable on a go forward basis. [https://www.finra.org/investors/insights/concentration-risk](https://www.finra.org/investors/insights/concentration-risk) [https://www.visualcapitalist.com/ranked-the-largest-sp-500-companies-over-time-1985-2024/](https://www.visualcapitalist.com/ranked-the-largest-sp-500-companies-over-time-1985-2024/) See Enron, Lehman, Kodak, AIG, Cisco, GM, GE etc.

AlvinoSh

Lets say you came up with this conclusion in 2005, the top 10 companies by market cap in 2005 were: Exxon,Microsoft,Citigroup,GE,Walmart,Bank of America,Johnson n Johnson,Pfizer,Intel,AIG (lol) This portfolio with dividends reinvested would underperform the SNP500, even if we chose to not include AIG because you may think 2008 cannot happen again. It would not be a "bad portfolio" but it would still underperform. The the next biggest company will not be included if you continue to only hold mag 7 for the next 20-30 years.

PlanetCosmoX

At one point Petro Canada was a private company where a significant amount of shares were owned by the Cdn Federal Government. Other allies have gone through a similar process. Here your list, you’ll notice that the US was already on it. Canada Canadian National Railway (CN) Government-owned Crown corp → IPO & full privatization (1995) Air Canada Crown corporation → privatized (1988); government later re-entered briefly during crises Petro-Canada Crown corporation → IPO (1991) → fully privatized (2004) → merged into Suncor Canada Post (Purolator) Canada Post (Crown corp) owns majority stake in Purolator (still today) Hydro One (Ontario) Provincially owned → partial IPO (2015) → government retained significant stake 🇬🇧 United Kingdom The UK is the case study for this model. British Telecom (BT) State-owned → privatized starting 1984, government initially retained shares British Gas (Centrica) State-owned → privatized in stages Rolls-Royce Nationalized (1971) → privatized (1987) British Airways State-owned → privatized (1987) Royal Mail State-owned → IPO (2013), government retained shares initially BP (British Petroleum) Government majority-owned post-WWII → privatized over decades 🇫🇷 France France uses partial state ownership aggressively. Renault Publicly traded, French state still owns ~15% EDF (Électricité de France) Public company with majority state ownership (now renationalized) Air France–KLM Publicly traded, French and Dutch governments both own shares Orange (France Télécom) Public company, state long retained a large minority stake Thales Defense firm, state ownership via government & Airbus 🇩🇪 Germany Deutsche Telekom Public company, German government remains a major shareholder Deutsche Post / DHL Former state postal service → privatized, state retained stake initially Commerzbank Government took large ownership stake after 2008 financial crisis 🇮🇹 Italy ENI (energy) Public company, Italian government retains controlling interest ENEL (electricity) Public company, state owns significant stake Leonardo (Finmeccanica) Defense & aerospace, majority government owned 🇪🇸 Spain Telefónica Former state monopoly → privatized in stages Repsol State-owned → privatized 🇺🇸 United States** (yes, even the US) The US pretends it never does this — but it absolutely does. General Motors Government took majority ownership during 2008 bailout → later sold shares AIG Government majority ownership post-crisis → exited via share sales Amtrak Fully government-owned but structured as a corporation Fannie Mae / Freddie Mac Publicly traded, under federal conservatorship 🇦🇺 Australia Commonwealth Bank of Australia State-owned → privatized in stages Qantas Government-owned → privatized Telstra Public company, government retained stake for years post-IPO

AJ_Grey

Obviously shooting for AIG's loss of -61.00 per share.

EmmaPersephone

P/E ratios will always be relevant to smart investors. Blue chip stocks average P/E ratio is currently at 24.33 for the Dow and 29.56 for S&P 500. AIG is a 40 billion dollar company with a P/E ratio of 8.36. Of the 3,500 listed companies There are only 12 publicly traded companies with a P/E ratio usually above 100. There are 178 companies that typically have a P/E ratio above 100. Here are the highest ones: Alnylam Pharmaceuticals P/E 1,460 Kratos Defense P/E 743.73 Celsius Holdings P/E 542.35 Datadog P/E 391.97 Tesla 377.33 Palantir Technologies 219.30 CVS Health 200.76

Last_Cauliflower3357

I’m going to buy some AIG. Fully loading up on boomer stocks.

tcmart14

Somebody get this man in charge of AIG.

Slabbed1738

Lol reading up on Warsh. He didn't want to cut interest rates in 2008, and helped lead the bailout of AIG. Also apparently he was the one that convinced trump he could buy Greenland. Now he wants to cut rates but reduce balance sheet 

stealthagents

AIG's situation is intriguing, especially with their restructuring efforts. It’s understandable why the market's hesitancy over CEO transitions and industry trends might concern you, but with strong fundamentals in place, the long-term outlook seems promising. If you're managing operations of your small business while staying updated on such investments, Stealth Agents can assist. Our team has over a decade of expertise in keeping workflows organized so you can focus on analyzing those investment opportunities.

Gene_McSween

Help Pick a new brokerage for 403b. I have a 403b at work with a limited number of choices for investment companies. Unfortunately, I'm not familiar with any of them and was hoping the community might help me narrow down my choices. I have several investments (Brokerage, IRA, Roth, 403b, HYSA) with Schwab, Fidelity, FNBO, and American Century. American Century currently holds my 403b (about 15% of total). I am very unhappy with the funds available and performance, in short, I need to move. I have been very happy with Schwab (preferred) and Fidelity over the past 25 years, but they are not available through my workplace. My preferred investments are index ETFs (VOO, SWPPX, SWISX, SWLGX, etc.) as well as some GLD and about 5% cash. I'm not really interested in actively managed MFs as they tend to have higher fees. I don't really need to put any money in this fund into cash or gold as I can re-allocate at Fidelity or Schwab to balance my portfolio when needed. Below is a list of investment companies available to me. * American Century Services LLC * Ameriprise Financial / RiverSource * Aspire Financial Services * Confidential Planning – MultiChoice * Corebridge Financial (formerly AIG/VALIC) * Equitable (formerly AXA) * Fiduciary Trust Co. of New Hampshire (Formerly Waddell & Reed) * GWN / Employee Deposit Acct * Invesco OppenheimerFunds * Lincoln Investment Planning * Lincoln National * MetLife * Mutual Inc / PlanMember Services * NY Life Ins. & Annuity Corp. * Oldham Resource Group, Inc. * Orion Portfolio Solutions, LLC (Formerly FTJ FundChoice) * PenServ SmartSAV (formerly Foresters) * PlanMember Services Corp. * Security Benefit * The Legend Group * Thrivent Financial for Lutherans * Voya Financial (Natl NY) Please help me to narrow this list down for further research. I'm also open to other ideas that people might have, if there are any. When I started investing at 21, I knew very little and kind of just random picked. In the last 15 years of so, I've become much smarter about where to invest but I am an IT guy, not a financial guy. If this were IT, I'd say that I know just enough to be dangerous. All "advice" is welcome, but please do not flame me for being stupid in the past. No AI responses PLEASE. Thank you to everyone else who's willing to help!

AggravatingPage1101

If you want a quick pop then fine, earnings are likely to be pretty good considering it was a very good year from a cat perspective and the reinsurance market is very soft. The leadership change is largely seen as positive but I wouldn’t say the buyout is off the table. Chubb is run by the former CEO’s son, a notoriously ruthless psychopath who wants that company under his auspices before he dies. Also, AIG had to scramble to find Anderson after their first successor offer had to rescinded because he was fucking his assistant at Lloyd’s. It’s a messy org— not a long, that’s all.

AlwaysSilencedTruth

i also think Topicus will return more than AIG, simply because they can reinvest their capital at a greater rate.

Adi_San

Agreed AIG isn’t the premier P&C name anymore that’s why it trades at 0.85× book while Chubb trades closer to 2–4× depending on the year. I’m not arguing AIG is the best operator, just that it’s one of the cleaner value/re-pricing setups right now as underwriting stabilizes. New CEO transition has put to rest potential buy out.

AggravatingPage1101

AIG is not nearly the premier insurer it once was and its stock has generally traded sideways for over a decade and really since it met its TARP requirements. There is also a not insignificant percentage chance they get bought so this isn’t a long. Chubb is still trading at a discount compared to its intrinsic value with a way stronger balance sheet, leadership, and operating margins. But all insurers have lagged well behind the market so there are more attractive places to put your money.

ai-moderator

#TLDR --- Ticker: AIG Direction: Up Prognosis: Buy Shares / Calls before Earnings Catalyst: CEO transition panic was overblown, fundamentals are cheap vs peers, and underwriting improvements should lead to an earnings beat. Current Bag: 350 shares @ $72 (Thoughts and prayers included)

Head_of_Lettuce

Worth noting that there have been murmurs of Chubb attempting an acquisition of AIG. I won’t pretend to know how that would impact an investor, just something to be aware of.

MagnesiumKitten

okie: Think we’re close to our debt/borrowing limits though before we crash Isn't one of the main points of the tarrifs to actually address the debt problem along with some domestic industry returning back with deglobalization? This might prove interesting we can't do YouTube links but you can look up something that was an hour long interview on Bloomberg News **Market Recalibration: Taxes, Trade, and the Future of Finance with Jim Millstein** Topics Willy introduces Jim Millstein The biggest challenge in the market landscape today Using AI for law and banking Should firms create their own AI or integrate existing ones? Being the U.S. Chief Restructuring Officer Lessons from the AIG failure Parallels between the U.S. and Argentina Why is the U.S. dollar decreasing in value? The soaring cost of U.S. debt financing When growth can’t outpace the debt Can we sell our way out of debt? The limits of monetizing federal assets The long-term consequences of U.S. debt The implications of the Mar-A-Lago Accord The need for fiscal consolidation Treasury demand vs. bank lending Is this the end of U.S. financial exceptionalism? President Trump’s deals with the Middle East Is reverting the tariff policy the solution? The Freddie and Fannie conservatorship Jim’s final thoughts

prozute

Just because you’re a top company now has no guarantee about the future. Top 10 US Companies in 2005 (by market cap): Exxon Microsoft Citigroup GE Walmart Bank of America Johnson n Johnson Pfizer Intel AIG

leomeng

AIG and APGE screwing me. Completely missed ALMS too my god.

leomeng

Been watching AIG. Holding Jan calls. Wish I had Feb. buyout possibility

leomeng

Buyout targets 2026 Q1: ABVX, AIG, TERN

leomeng

My 2026 predictions (please take my post seriously): ABVX getting bought out Q1 (cannot buy on Robinhood). Silver $100 Q1. AIG bought out Q1. TGT will hit $120 in Q1. TERN will get bought out above $50 in Q1.

maturin_nj

Yep memories are short. They forget the grifters like jack Welsh who was endorsed by big media as a genius, AIG, the ugly guy kozlowski at Tyco, the hacks from ge who went to home depot, Fioroni, ex gym teacher Bernie embers( he must have been a mooche since hes the only one who did 20 years), the enron gang etc....all garbage!! Big media supported them all will glowing press.  Don't believe the hype still applies today.  They will lie their azzes off to juice their stock. These newbies have never seen a bear market and think they are a thing of the past.

lntruder

100%. By all means you can take some profits but my view also is markets will further rally and stay invested selectively. They won't let it go down, if you know the details of the GFC (especially when AIG came in the picture), the market HAD already collapse, but they saved it. The key is not to panic if there're bumps along the way (which there will be) like a sharp drawdown and keep holding until they announce the stimulus measures - still a lot of tools available QE, YCC (which they're already doing...). The point where I will start trimming down is if ypu start seeing headline that a private credit fund has suspended redemptions. Also follow the yen carry trade closely (i don't think this one will be as disorderly as FED and BOJ are coordinating)

hulks_brother

Still bagholding AIG from 2007.

EngRookie

fannie may, freddie mac, GM, chrysler, AIG.

RainSubstantial9373

TLDR, Larry Ellison attached Oracle to OpenAI and it turns out as stable financially as AIG and Lehman Brothers. Hence money printing as stock market highs.

Npeyer

thoughts on AIG Chubb merger, will it happen?

Interesting_Prize736

Everyone? Institutions don't want it to burn, and redditors have no power anyway. The chronically online still talk about how we shouldn't have bailed out the banks (AIG into QE) in 08, refusing to acknowledge the damage that allowing the collapse would have caused. Same thing will happen again.

kadam_ss

They are particularly worried about oracle. If this bubble pops, it will be because of either openAI or oracle. Oracle will be the bear sterns of this bubble. It could be the AIG of this bubble depending on how much support Larry Ellison has at the whitehouse.

DaveJCormier

"There are decades where nothing happens, and there are weeks where decades happen." -Lenin The point is you don't know when those weeks will happen. Watch some videos of Buffet interviews with Andrew Ross Sorkin 10 years after the 2008 GFC. The guy was calm and cool as a cucumber as the chaos and panic were everywhere. Both Lehman and AIG called him to try and get him to bail them out, and he said no. Crises will happen. It's the price we pay for participating in a free market. Know what you own and why you own it. It will help keep your emotions in check.

Charming_Catch1982

$PLTR In case you forgot, here's a reminder of what Palantir is capable of -Heineken: "What took us three years before, the team built in just three months" -Citi Wealth: “This process would take 9 days. Now it takes seconds.”Citi has achieved a 90% decrease in time per case and an 80% cut down on handoffs, all while retaining the quality of their work. -General Mills: We’re saving on average about $40,000 a day, which is about $14M ANNUALLY– and it’s really only deployed to part of our network." -Fannie Mae: "It was a mortgage case fraud case... There's a lot of paper--reams of paper. It took our really talented investigators 60 days to detect fraud into these files. It took your technology 10 seconds, like holy cow." -Morson Group: 53% faster in finding x3 candidates. 1hr 8min average per consultant. 129% increase in placements made -Applied Materials: 24-month projects to 6 weeks. "We have big consulting companies coming in. We can do this in 24 months, it's going to be millions of dollars. With Palantir, we solved this in 6 weeks on the pilot just by connecting to those Legacy systems." -Walgreens increased the operational efficiency by 30% -Nebraska Medicine increased patient discharge speed by 2000% paired with a 95% discharge prediction accuracy -AIG reduced a four-week underwriting time to less than one day. -TeleTracking reduced 24-hour manual healthcare process to seconds -Bolt reduced checkout cancellations to 50% -U.S. Department of State can reduce the time it takes to clear candidates to the Foreign Service from 60 days down to 12 -HyperScienceAI and ManifestCyber reduced the FedRamp costs by 10x and its audit time by 94% -Walgreens increased its operational efficiency by 30% BP reduced costs per barrel by 60% Tampa -Hospital improved its nurse staffing ratio attainment by 30% Cleveland Clinic reduced its bed capacity calculation time by 75%, 38 Minute decrease in ER wait time and 40% Reduction in unused orthopaedic OR time -Paraxel reduced the Clinical Submission Readiness Time by 50% Morson group reduced x3 candidate search time by 53% -Airbus accelerated A350 production by 33% -Tyson Foods achieved $200 million in cost savings -@USArmy recovered $2B in unliquidated funds -@DeptVetAffairs saved $92M+ in funds -World Food Programme saved $30M in delivery costs -Jacobs Connect cut power usage by 30% -Panasonic decreased waste by 12% ESI Group sped up ERP harmonization by 70% -Panasonic Energy cut the 3-6 month learning curve down to just a few weeks for veteran technicians -PG&E reduced transformer ignitions by 65% -Eaton boosted productivity by 25%

Happy_Discussion_536

Gotcha. Buffett wouldn't trust the numbers of a giant like AIG if he's doing a whole acquisition unless like you said they are in bankruptcy and it's very clear he's getting an insanely good deal. He buys small niche insurance companies or reinsurers like Alleghany.

I_Own_A_Fedora_AMA

It was for scale not a prediction. No chance he buys any of those, except maybe AIG because if anybody can analyze insurance it's Berkshire. It's where most of their cash flow comes from. They would probably need to be in danger of bankruptcy for him to do it though

Happy_Discussion_536

TGT - he doesn't buy trash with weak economics. MET - he buys property casualty AIG - too unwieldy and complex to analyze, not a clear competitive advantage. He's much more likely to buy something like PGR or a smaller insurance company. PYPL - unclear sustainability of moat SPL - he doesn't buy pharma trash

I_Own_A_Fedora_AMA

Berkshire has over $340b in t-bills. Assuming they pay a 20% premium to current fair market value, papa could take $TGT, $AIG, $MET, $PYPL, and $SPL private. Those 6 companies rank #100-#96 in market cap respectively. He would have $26b in cheeseburger money leftover when he's done. Brazy

JonFrost

The next bust's AIG

abrandis

By controlled I mean after the bail out of the banks and AIG everything settled down and the crisis was effectively over, as for the lasting effects that's debatable that it was a decade many would say keeping interests rates artificially low for 13+ years till Covid caused more damage than the original GFc...

MagnesiumKitten

As for the US-Canada Free trade agreement, Canada has a balance surplus yet Canada has a deficit with every country in Asia, and every country in Europe, free trade agreement or not .......... If you want a good explanation of what Trump is doing this was an hour discussion on Bloomberg News about it **Market Recalibration: Taxes, Trade, and the Future of Finance with Jim Millstein** 00:00 Introduction 02:22 Willy introduces Jim Millstein 04:17 The biggest challenge in the market landscape today 06:46 Using AI for law and banking 09:53 Should firms create their own AI or integrate existing ones? 11:52 Being the U.S. Chief Restructuring Officer 14:13 Lessons from the AIG failure 18:31 Parallels between the U.S. and Argentina 24:57 Why is the U.S. dollar decreasing in value? 27:44 The soaring cost of U.S. debt financing 29:05 When growth can’t outpace the debt 32:33 Can we sell our way out of debt? 34:43 The limits of monetizing federal assets 39:17 The long-term consequences of U.S. debt 42:10 The implications of the Mar-A-Lago Accord 45:34 The need for fiscal consolidation 48:21 Treasury demand vs. bank lending 51:40 Is this the end of U.S. financial exceptionalism? 55:09 President Trump’s deals with the Middle East 58:46 Is reverting the tariff policy the solution? 01:00:19 The Freddie and Fannie conservatorship 01:05:09 Jim’s final thoughts

hv876

Reminds me of that time when AIG insured Iron Mountain, while simultaneously using them to store their documents. At one of the IM facilities fire broke out, so AIG had to pay out insurance, while losing their documents

atropear

I'm surprised how many people don't focus on AIG and who was running it in the lead up to the crash. And the movie covered it all up too and made those guys into some sort of heros.

charg3

I just heard warren buffett issuing a stern warning for the market likely due to looking at stats similar to the one you’re quoting, mainly - over borrowing. History doesn’t repeat, but it rhymes. However, per the 2008 comparison, the issue with 2008 was not really that people over borrowed, but rather central institutions had massive amount of derivitives on these loans. Firms were going to fail that were central liquidity in the US economy, that was the primary issue. I do not see that with these types of consumer loans. I think companies like Klarna may be overexposed (not sure what kind of exposure klarna in particular has), but the broader market should not care about a few niche companies going belly up due to bad bets - as long as they aren’t AIG.

L3NTON

As I recall they had to sell more of their AIG position to keep paying the premiums on the credit default swaps.

Copperhead881

Your third point, in the Big Short Burry mentions wanting to offload AIG and Countrywide. Can’t remember if these were just smaller positions or he saw liquidity problems coming for them.

KopOut

This is just not true. In bubbles, very few "smart people" get out before it bursts. We can have a bubble AND have "smart people" buying. Smart people buying in 1999 got destroyed. The smart people running Bear Sterns and Lehman Bros. and AIG couldn't figure it out even though they were privy to a lot of non-public info. Greed is a powerful fucking force. FOMO is a powerful emotion. It makes otherwise smart people do very dumb things. That may be the case now or it may not, but the fact that people we consider in the know and smart are buying IS NOT confirmation that we are not in a bubble.

InfiniteBlink

There's usually a benign event that is the finger in the dike that has a lot of unintended consequences. AIG.

zyqzy

You remember TOO BIG TO FAIL from 2008? That means if we go under y’all are fucked. Then the government used our taxpayer dollars to bail them out. Such as AIG. It all happened in the immediate aftermath of the collapse to contain the damage. the government watched the predatory lending practices and instead of interfering before it got out of control they threw OUR money at it. After vacuuming so much money from private investors, openAI became a part of a ponzi scheme of some sort and became too big to fail. If it goes under , the entire economy will take a hit. This time the only difference from 2008 is that they are using that card to extort the government for money using their role in propping up the economy as a reason BEFORE the collapse occurs. The government will have to oblige as this AI “boom” is carrying the economy. There is no fucking way they won’t support openAI. It is inevitable at this point. Before crash, after crash they will siphon off taxpayer money. Look I am not anti AI. But it is growing too fast too uncontrolled with an unbridled wild west capitalism attitude. They are just throwing vast sums of money at it and i am not even sure they have the bandwidth to manage its expenditure effectively. Probably China is doing this more efficiently at a fraction of the cost, and at a pace that is manageable. It is kind of like you give a lambo to an untrained driver who is way above his head who thinks he is a good driver and let him blast away with the car. There is not a fucking chance this will not crash. AI will eventually thrive and finds its way but we will suffer the economic consequences bitterly before that happens.

c7015

Copied but a nice summary I read -Heineken: "What took us three years before, the team built in just three months" -Citi Wealth: “This process would take 9 days. Now it takes seconds.”Citi has achieved a 90% decrease in time per case and an 80% cut down on handoffs, all while retaining the quality of their work. -General Mills: We’re saving on average about $40,000 a day, which is about $14M ANNUALLY– and it’s really only deployed to part of our network." -Fannie Mae: "It was a mortgage case fraud case... There's a lot of paper--reams of paper. It took our really talented investigators 60 days to detect fraud into these files. It took your technology 10 seconds, like holy cow." -Morson Group: 53% faster in finding x3 candidates. 1hr 8min average per consultant. 129% increase in placements made -Applied Materials: 24-month projects to 6 weeks. "We have big consulting companies coming in. We can do this in 24 months, it's going to be millions of dollars. With Palantir, we solved this in 6 weeks on the pilot just by connecting to those Legacy systems." -Walgreens increased the operational efficiency by 30% -Nebraska Medicine increased patient discharge speed by 2000% paired with a 95% discharge prediction accuracy -AIG reduced a four-week underwriting time to less than one day. -TeleTracking reduced 24-hour manual healthcare process to seconds -Bolt reduced checkout cancellations to 50% -U.S. Department of State can reduce the time it takes to clear candidates to the Foreign Service from 60 days down to 12 -HyperScienceAI and ManifestCyber reduced the FedRamp costs by 10x and its audit time by 94% -Walgreens increased its operational efficiency by 30% BP reduced costs per barrel by 60% Tampa -Hospital improved its nurse staffing ratio attainment by 30% Cleveland Clinic reduced its bed capacity calculation time by 75%, 38 Minute decrease in ER wait time and 40% Reduction in unused orthopaedic OR time -Paraxel reduced the Clinical Submission Readiness Time by 50% Morson group reduced x3 candidate search time by 53% -Airbus accelerated A350 production by 33% -Tyson Foods achieved $200 million in cost savings -@USArmy recovered $2B in unliquidated funds -@DeptVetAffairs saved $92M+ in funds -World Food Programme saved $30M in delivery costs -Jacobs Connect cut power usage by 30% -Panasonic decreased waste by 12% ESI Group sped up ERP harmonization by 70% -Panasonic Energy cut the 3-6 month learning curve down to just a few weeks for veteran technicians -PG&E reduced transformer ignitions by 65% -Eaton boosted productivity by 25%

Charming_Catch1982

$PLTR In case you forgot, here's a reminder of what Palantir is capable of -Heineken: "What took us three years before, the team built in just three months" -Citi Wealth: “This process would take 9 days. Now it takes seconds.”Citi has achieved a 90% decrease in time per case and an 80% cut down on handoffs, all while retaining the quality of their work. -General Mills: We’re saving on average about $40,000 a day, which is about $14M ANNUALLY– and it’s really only deployed to part of our network." -Fannie Mae: "It was a mortgage case fraud case... There's a lot of paper--reams of paper. It took our really talented investigators 60 days to detect fraud into these files. It took your technology 10 seconds, like holy cow." -Morson Group: 53% faster in finding x3 candidates. 1hr 8min average per consultant. 129% increase in placements made -Applied Materials: 24-month projects to 6 weeks. "We have big consulting companies coming in. We can do this in 24 months, it's going to be millions of dollars. With Palantir, we solved this in 6 weeks on the pilot just by connecting to those Legacy systems." -Walgreens increased the operational efficiency by 30% -Nebraska Medicine increased patient discharge speed by 2000% paired with a 95% discharge prediction accuracy -AIG reduced a four-week underwriting time to less than one day. -TeleTracking reduced 24-hour manual healthcare process to seconds -Bolt reduced checkout cancellations to 50% -U.S. Department of State can reduce the time it takes to clear candidates to the Foreign Service from 60 days down to 12 -HyperScienceAI and ManifestCyber reduced the FedRamp costs by 10x and its audit time by 94% -Walgreens increased its operational efficiency by 30% BP reduced costs per barrel by 60% Tampa -Hospital improved its nurse staffing ratio attainment by 30% Cleveland Clinic reduced its bed capacity calculation time by 75%, 38 Minute decrease in ER wait time and 40% Reduction in unused orthopaedic OR time -Paraxel reduced the Clinical Submission Readiness Time by 50% Morson group reduced x3 candidate search time by 53% -Airbus accelerated A350 production by 33% -Tyson Foods achieved $200 million in cost savings -@USArmy recovered $2B in unliquidated funds -@DeptVetAffairs saved $92M+ in funds -World Food Programme saved $30M in delivery costs -Jacobs Connect cut power usage by 30% -Panasonic decreased waste by 12% ESI Group sped up ERP harmonization by 70% -Panasonic Energy cut the 3-6 month learning curve down to just a few weeks for veteran technicians -PG&E reduced transformer ignitions by 65% -Eaton boosted productivity by 25%

Charming_Catch1982

$PLTR In case you forgot, here's a reminder of what Palantir is capable of -Heineken: "What took us three years before, the team built in just three months" -Citi Wealth: “This process would take 9 days. Now it takes seconds.”Citi has achieved a 90% decrease in time per case and an 80% cut down on handoffs, all while retaining the quality of their work. -General Mills: We’re saving on average about $40,000 a day, which is about $14M ANNUALLY– and it’s really only deployed to part of our network." -Fannie Mae: "It was a mortgage case fraud case... There's a lot of paper--reams of paper. It took our really talented investigators 60 days to detect fraud into these files. It took your technology 10 seconds, like holy cow." -Morson Group: 53% faster in finding x3 candidates. 1hr 8min average per consultant. 129% increase in placements made -Applied Materials: 24-month projects to 6 weeks. "We have big consulting companies coming in. We can do this in 24 months, it's going to be millions of dollars. With Palantir, we solved this in 6 weeks on the pilot just by connecting to those Legacy systems." -Walgreens increased the operational efficiency by 30% -Nebraska Medicine increased patient discharge speed by 2000% paired with a 95% discharge prediction accuracy -AIG reduced a four-week underwriting time to less than one day. -TeleTracking reduced 24-hour manual healthcare process to seconds -Bolt reduced checkout cancellations to 50% -U.S. Department of State can reduce the time it takes to clear candidates to the Foreign Service from 60 days down to 12 -HyperScienceAI and ManifestCyber reduced the FedRamp costs by 10x and its audit time by 94% -Walgreens increased its operational efficiency by 30% BP reduced costs per barrel by 60% Tampa -Hospital improved its nurse staffing ratio attainment by 30% Cleveland Clinic reduced its bed capacity calculation time by 75%, 38 Minute decrease in ER wait time and 40% Reduction in unused orthopaedic OR time -Paraxel reduced the Clinical Submission Readiness Time by 50% Morson group reduced x3 candidate search time by 53% -Airbus accelerated A350 production by 33% -Tyson Foods achieved $200 million in cost savings -@USArmy recovered $2B in unliquidated funds -@DeptVetAffairs saved $92M+ in funds -World Food Programme saved $30M in delivery costs -Jacobs Connect cut power usage by 30% -Panasonic decreased waste by 12% ESI Group sped up ERP harmonization by 70% -Panasonic Energy cut the 3-6 month learning curve down to just a few weeks for veteran technicians -PG&E reduced transformer ignitions by 65% -Eaton boosted productivity by 25%

SusanMayer123

Reminder: -Heineken: "What took us three years before, the team built in just three months" -Citi Wealth: “This process would take 9 days. Now it takes seconds.”Citi has achieved a 90% decrease in time per case and an 80% cut down on handoffs, all while retaining the quality of their work. -General Mills: We’re saving on average about $40,000 a day, which is about $14M ANNUALLY– and it’s really only deployed to part of our network." -Fannie Mae: "It was a mortgage case fraud case... There's a lot of paper--reams of paper. It took our really talented investigators 60 days to detect fraud into these files. It took your technology 10 seconds, like holy cow." -Morson Group: 53% faster in finding x3 candidates. 1hr 8min average per consultant. 129% increase in placements made -Applied Materials: 24-month projects to 6 weeks. "We have big consulting companies coming in. We can do this in 24 months, it's going to be millions of dollars. With Palantir, we solved this in 6 weeks on the pilot just by connecting to those Legacy systems." -Walgreens increased the operational efficiency by 30% -Nebraska Medicine increased patient discharge speed by 2000% paired with a 95% discharge prediction accuracy -AIG reduced a four-week underwriting time to less than one day. -TeleTracking reduced 24-hour manual healthcare process to seconds -Bolt reduced checkout cancellations to 50% -U.S. Department of State can reduce the time it takes to clear candidates to the Foreign Service from 60 days down to 12 -HyperScienceAI and ManifestCyber reduced the FedRamp costs by 10x and its audit time by 94% -Walgreens increased its operational efficiency by 30% BP reduced costs per barrel by 60% Tampa -Hospital improved its nurse staffing ratio attainment by 30% Cleveland Clinic reduced its bed capacity calculation time by 75%, 38 Minute decrease in ER wait time and 40% Reduction in unused orthopaedic OR time -Paraxel reduced the Clinical Submission Readiness Time by 50% Morson group reduced x3 candidate search time by 53% -Airbus accelerated A350 production by 33% -Tyson Foods achieved $200 million in cost savings -@USArmy recovered $2B in unliquidated funds -@DeptVetAffairs saved $92M+ in funds -World Food Programme saved $30M in delivery costs -Jacobs Connect cut power usage by 30% -Panasonic decreased waste by 12% ESI Group sped up ERP harmonization by 70% -Panasonic Energy cut the 3-6 month learning curve down to just a few weeks for veteran technicians -PG&E reduced transformer ignitions by 65% -Eaton boosted productivity by 25%

SusanMayer123

Reminder: -Heineken: "What took us three years before, the team built in just three months" -Citi Wealth: “This process would take 9 days. Now it takes seconds.”Citi has achieved a 90% decrease in time per case and an 80% cut down on handoffs, all while retaining the quality of their work. -General Mills: We’re saving on average about $40,000 a day, which is about $14M ANNUALLY– and it’s really only deployed to part of our network." -Fannie Mae: "It was a mortgage case fraud case... There's a lot of paper--reams of paper. It took our really talented investigators 60 days to detect fraud into these files. It took your technology 10 seconds, like holy cow." -Morson Group: 53% faster in finding x3 candidates. 1hr 8min average per consultant. 129% increase in placements made -Applied Materials: 24-month projects to 6 weeks. "We have big consulting companies coming in. We can do this in 24 months, it's going to be millions of dollars. With Palantir, we solved this in 6 weeks on the pilot just by connecting to those Legacy systems." -Walgreens increased the operational efficiency by 30% -Nebraska Medicine increased patient discharge speed by 2000% paired with a 95% discharge prediction accuracy -AIG reduced a four-week underwriting time to less than one day. -TeleTracking reduced 24-hour manual healthcare process to seconds -Bolt reduced checkout cancellations to 50% -U.S. Department of State can reduce the time it takes to clear candidates to the Foreign Service from 60 days down to 12 -HyperScienceAI and ManifestCyber reduced the FedRamp costs by 10x and its audit time by 94% -Walgreens increased its operational efficiency by 30% BP reduced costs per barrel by 60% Tampa -Hospital improved its nurse staffing ratio attainment by 30% Cleveland Clinic reduced its bed capacity calculation time by 75%, 38 Minute decrease in ER wait time and 40% Reduction in unused orthopaedic OR time -Paraxel reduced the Clinical Submission Readiness Time by 50% Morson group reduced x3 candidate search time by 53% -Airbus accelerated A350 production by 33% -Tyson Foods achieved $200 million in cost savings -@USArmy recovered $2B in unliquidated funds -@DeptVetAffairs saved $92M+ in funds -World Food Programme saved $30M in delivery costs -Jacobs Connect cut power usage by 30% -Panasonic decreased waste by 12% ESI Group sped up ERP harmonization by 70% -Panasonic Energy cut the 3-6 month learning curve down to just a few weeks for veteran technicians -PG&E reduced transformer ignitions by 65% -Eaton boosted productivity by 25%

atropear

First step, look who started AIG. Then look who was running it 90 years later. Then realize it was probably the worst run business in all history. They went bankrupt x100. A lot more to it too.

buried_lede

How do you get lower than AIG trading at 50 cents? Or something like that. In 08 it looked like the biggest clearance sake ever but the fear then was: us this company going out of business or not? Considering Bear Stearns, Solomon, etc

atropear

The Big Short was the biggest propaganda coup the CIA ever had. You never found out they started and ran AIG and engineered the economic collapse of 2008. And Burry played along with a script that made him out to be a hero. lol.

atropear

Government has started and run companies for over 100 years. AIG, Amazon, Google, Facebook. At least now the taxpayer gets something out of it.

tonytwocans

>he largest one-day move in the price of gold was a gain of **$90.40**, or 11.6%, in after-hours trading on September 17, 2008, driven by fears of further credit market turmoil and a bailout of AIG. We're at 3% right now, but I think we can do better

CarrierAreArrived

I remember most of this like yesterday too. Obama would've won from the wars alone, but there was still the initial financial freefall that happened well before the election - with its own "Black Mondays" (not technically named), but there were multiple 8 to 9% Monday sell-offs with Lehman collapse, then the big bailouts of AIG and others happening under Bush and terrible economic numbers Obama was driving home. People were absolutely scared shitless about the economy leading up to the election and the wars were no longer really on anyone's mind due to that.

Last-Tangerine7212

I remember AIG crashing was a big deal. I also remember wanting Facebook to IPO. People in my life and online told me Facebook was a joke and could never monetize but I just couldn’t shake a feeling it would eventually make money and be a future heavy. Real estate was also in a massive depression and people were dumping condos for $200k that are today worth over a million.

Spiritual_Ostrich_63

I was in college and had just discovered margin accounts with Scottrade. I'd "trade" in between classes on my Dell desktop computer which was setup on top of the box that it came in. I used that for a desk. Had significant stakes in bank stocks that had been beaten down (National City, AIG, trying to remember who else from memory) Anyway, I recall Scottrade margin calling me like 3 or 4 days in a row. Basically saying come up with 8-10k in cash or we're liquidating your account lol. In the end I got decimated, and the recovery was good but don't think I made back nearly as much as the losses.

Smart-Preferences123

Exactly this. The counter party risk with TIPS is the money printer guys. I think a credit default swap at AIG in 2008 was a safer bet.

Salty-Fishman

I still remember this. I keep buying more and AIG as value play. Result was not good.

Most-Inflation-1022

I hate GS as much as the next guy, but WF, GS and JPM were forced to take the funds by Paulson. They didnt actuallly need it. GS made 14 billion shorting the mortgage market and collected from AIG after AIG bailout. Paulson and Geithner forced Dimon and Blankfein to take the funds, just so all the other banks wouldnt have runs. This is a well documented history.

jonsca

Intel "pumping" is like saying AIG had a record-breaking 2008.

SlamedCards

It was leaked in the media for months that the government wanted a solution now, cuz Intel could just pull the plug on its manufacturing business. They were never going bankrupt; they could stop losses at any time. This was not AIG

greenfrog7

There are many businesses that the US government won't allow to fail that can make terrible investments, AIG, GM, BA, Fannie and Freddie, etc Continuity of production and employment doesn't necessarily translate to shareholder returns.

Pepeshpe

Oh sure, you're right in this sense. Though, buying shares for strategic sectors in the economy is a relatively common thing in the world. In US the State had bought shares from General Motors, Chrysler and AIG in order to preserve them. In UK, the State bought some shares from RBS in 08 crisis, and had bought golden shares from OneWeb in 2020 to save it from bankruptcy, similarly to what US is doing to Intel now.

SilentBeetle

GM, AIG, banks in 2008. Continental Illinois bank in 1984. Chrysler in 1980. World war 1 and 2. People can pretend like the US is on fire but it's all narrative bullshit from the people who lost the last election and their friends in the media. Not everything is perfect, obviously, but the panic is so manufactured. It's like every day is a new thing to panic about while the market moves higher, inflation is slightly high but manageable, rates just came down. Sooner or later you have to ask yourself if things are really as bad MSNBC and Fox news make it out to be. To pretend this stuff hasn't happened before now is a clear case of recency bias. Kennedy and Nixon both used government agencies to go after their political rivals and critics. Presidents have been getting death threats and have been the victims of political violence and assassinations. Yet the enlightened left is always ALWAYS saying "this time it's different!" Just watch the history channel, PLEASE. it's sad but true that the US continues to enjoy the lifestyle it does because of our military. We've got China and Russia dick swinging for war on a daily basis. Why is it so unprecedented for the USA to invest in a domestic fabricator to be just a tad more self sufficient in the event of a conflict? I mean, it's just another cold war space race with AI, but if AI is anything like anyone is projecting, it's going to be of vital importance to be ahead of the curve. Especially if America wants to continue its prosperity. The reason people flock to the USA is because of innovation and being on the cutting edge of research and development. The left can pretend it's all awful and continue to rally for it's teardown. But if you do any digging outside of that cesspool propaganda TikTok app you'll realize that not every action of this administration is to "harm trans people" Perhaps by biggest gripe though is when the left is so outraged by everything he does it's just fatiguing. Like Trump is great at saying and doing some of the stupidest shit imaginable but Jesus Christ please blow those stories up. Leftist news outlets gathered around Trump 24/7 waiting for him to shit so they can wipe him and proclaim they've got the inside scoop on the newest leak. It's just so tiresome. When you're in the business of outrage and ad revenue, everything's a story.

MitchCurry

Automakers during the GFC. GM got $50B, Chrysler got $12B, and Ally got $17B. Didn't AIG get over $175B as well?

Inside_Champion_9098

My dog picked AIG

Remarkable-Ear-1592

there are use cases already lol. just because AI is nto near AIG doesnt mean there arent use cases

VisibleHedgehog9057

CITI Group, Priceline (now Booking Holdings) and AIG all went through reverse splits and are still here. LCID also announced along with the split that they are partnering with UBER for 20K vehicles. And they have the Saudis backing them. I took the below passage off Market Watch......... "The filing explained that "because of the trading volatility often associated with low-priced stocks," many institutional investors and brokerage firms have internal policies that restrict their ability to buy low-priced stocks or to recommend them to their clients" The stock market is informed [gambling. ](http://gambling.You)It's a big risk- big reward situation. People may comment negatively as they are investing with the hope it goes down. Best of luck to you.

eyesmart1776

No AIG?

Big_Quote_1776

Intel is hemorrhaging cash, its a zombie company that will become the next Blackberry (in BB's current state).  They applied for cash under the CHIPS (Biden) Act and that has equity kickers in it.  So did the 08 bailout funds to banks - that was also cash for equity. The US (really) does not have free government welfare for businesses, it comes with an equity cost. Intel appeared to be drawing the funds with no real (need) to increase production,  so Trump pulled the trigger on the kicker requirements - which will dilute stupid shareholders that own the pig. Intel is also getting cash from Berkshire Hathaway under much more egregious terms (ask AIG).   Intel will lose around $12-$15 billion this year in negative cash flow from dumb products.  Desktops, MacMini kills them.  Laptops, MacPro/Air mops the Intel puke off the floor.   Servers.. AMD... AI, Intel is not even a glimmer in a semen squiggly eye, NVDA is 99.9% of that market.  Mobile... Nada, that's Qualcomm or Apple Bionic.   Intel will be left making $3 electric window processors for GM and Ford. If you own it, sell it, before the shorts rip it to $5.   Then do your homework and become real investors instead of a candlelight prayer group.

EvolvingDior

So were the bailouts of AIG and GM... yet the government got stock then, too.

EvolvingDior

The last GOP President bailed out AIG. Par for the course. Companies cannot be allowed to fail.

EvolvingDior

The US took a stake in GM when it bailed them out. Same for AIG.

Upbeat_Size_5214

The AIG of Semiconductors. Too greedy and stupid to compete. Now deemed too important to fail. Republicans again, picking winners and losers.

throwaway2676

United Kingdom in NatWest (post-crisis sell-down), Rolls-Royce (golden share) And many more examples. Hell, the US already did this with GM and AIG.

throwaway2676

Germany in Deutsche Telekom & Deutsche Post (via KfW, strategic), Volkswagen (Lower Saxony), Uniper/Lufthansa (rescue stakes) United Kingdom in NatWest (post-crisis sell-down), Rolls-Royce (golden share) And many more examples. Hell, the US already did this with GM and AIG.

throwaway2676

France in EDF (100%), Renault, Air France-KLM, Orange, Airbus (strategic) Germany in Deutsche Telekom & Deutsche Post (via KfW, strategic), Volkswagen (Lower Saxony), Uniper/Lufthansa (rescue stakes) United Kingdom in NatWest (post-crisis sell-down), Rolls-Royce (golden share) And many more examples. Hell, the US already did this with GM and AIG.

throwaway2676

New Zealand in Air New Zealand (majority/strategic) France in EDF (100%), Renault, Air France-KLM, Orange, Airbus (strategic) Germany in Deutsche Telekom & Deutsche Post (via KfW, strategic), Volkswagen (Lower Saxony), Uniper/Lufthansa (rescue stakes) United Kingdom in NatWest (post-crisis sell-down), Rolls-Royce (golden share) And many more examples. Hell, the US already did this with GM and AIG.

throwaway2676

India in Vodafone Idea (rescue), SBI/LIC (PSUs) New Zealand in Air New Zealand (majority/strategic) France in EDF (100%), Renault, Air France-KLM, Orange, Airbus (strategic) Germany in Deutsche Telekom & Deutsche Post (via KfW, strategic), Volkswagen (Lower Saxony), Uniper/Lufthansa (rescue stakes) United Kingdom in NatWest (post-crisis sell-down), Rolls-Royce (golden share) And many more examples. Hell, the US already did this with GM and AIG.

throwaway2676

Singapore in Singtel, DBS, Singapore Airlines (strategic via Temasek) India in Vodafone Idea (rescue), SBI/LIC (PSUs) New Zealand in Air New Zealand (majority/strategic) France in EDF (100%), Renault, Air France-KLM, Orange, Airbus (strategic) Germany in Deutsche Telekom & Deutsche Post (via KfW, strategic), Volkswagen (Lower Saxony), Uniper/Lufthansa (rescue stakes) United Kingdom in NatWest (post-crisis sell-down), Rolls-Royce (golden share) And many more examples. Hell, the US already did this with GM and AIG.

throwaway2676

Japan in NTT (strategic/mandated), TEPCO (rescue/ongoing) Singapore in Singtel, DBS, Singapore Airlines (strategic via Temasek) India in Vodafone Idea (rescue), SBI/LIC (PSUs) New Zealand in Air New Zealand (majority/strategic) France in EDF (100%), Renault, Air France-KLM, Orange, Airbus (strategic) Germany in Deutsche Telekom & Deutsche Post (via KfW, strategic), Volkswagen (Lower Saxony), Uniper/Lufthansa (rescue stakes) United Kingdom in NatWest (post-crisis sell-down), Rolls-Royce (golden share) And many more examples. Hell, the US already did this with GM and AIG.

RampantPrototyping

Inherent economic instability will manifest itself eventual. Even if it takes awhile. Even the rich couldnt stop Lehman Brothers or AIG from collapsing