AIG Reality- The Super Sizing of Investors..

Sep 23, 2008 by Sam

After listing to various mainstream media outlets it is clear that the many people ( including the reporters reporting the story) believe that the government actually owns  AIG . In addition a quick google search will show that many sites believe the same thing see-   http://www.newser.com/story/37644/what-is-aig-now-that-we-own-it.html as an example . Besides for the obvious inaccuracy this proves another point : we are a nation of professional investors ( with all the information available to us) but, the grasp of the details on how financial transaction occur and how the system really works is very basic at best and is a “fast food” approach to investing– not paying too much attention to what you invest in rather just a superficial approach to the markets… This has been like this for a while but never more obvious then now.  What will happen now is that the mainstream will “realize ” that in fact AIG is not yet government owned and will report it as a major  new news item.. it will happen soon.