Thursday, October 16, 2008
AIG Employee Votes
I was thinking about doing my political piece on A.I.G auto insurance sector in Binghamton, NY to see if the Federal Government's financial bailout has any affect on local A.I.G employee's presidential vote. For those who are uninformed currently the United States is suffering a credit crisis in a mist of a recession. As explained to me by a source, the current situation is that "with AIG size in the financial world, due to credit swap defaults and the mortgage crisis, AIG had many re-insurance policies for various banks and financial companies. When the "bubble" burst, AIG lost billions." I feel that this will be a current and interesting topic to fallow.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment