“Yeah, they say it won’t get better until people start putting money back into the banks. Yeah, the same banks that lost all their money. Look Honey, I don’t know why they would do that, but that’s the plan! So are you going to stay at your mom's again tonight?”
AIG lost $62 billion last quarter. You know what? If your insurance company loses $62 billion in three months, they’re not your insurance company any more. They’re just a bunch of assholes who took your money.
The Citi Group’s shares fell 20%, down to $1.20 per share. That’s three shares of Citi Bank for a Claim Jumper frozen meatloaf dinner, if you’re wondering.
Analysts are saying that the market won’t rebound until the financial institutions bounce back, which to me sounds about like putting a leash on a rabid dog that’s attacking you and then lying down on the sidewalk until he cures your rabies. Except, I believe dogs are inherently good creatures.