Written by Illusnist

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Topics: Banks, AIG

Saturday, 24 January 2009

image for Coin Collector Controls AIG
Now it is mine...

In a move that has sent ripples throughout the financial community, insurance giant AIG has been purchased by a retired coin collector from Pittsburg. Using a large collection of mint condition Gold Rush era minted coins, Bob Durham bought a controlling interest in the company's stock, at the new low 26 cents per share.

AIG, as you may recall recently borrowed billions of dollars from the United States government as one of the early financial giants to collapse as the housing market imploded. Mr. Durham, who has never been to a spa, or flown in a private jet, expects that "things are sure as hell gonna be different around here now.

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The story above is a satire or parody. It is entirely fictitious.

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