Tuesday, September 16, 2008

ETFs now worthless

Commodity Securities and AIG

Trading just stopped on london stockexchange of ETF securities. Commodity ETFs have gone up in smoke - are they now worthless? does that mean AIG are bankrupt?

Posted by sharpe @ 02:44 PM (605 views)
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One thought on “ETFs now worthless

  • AIG is almost certain to go bankrupt. Insurance on their debt requires 58% upfront plus 5% per year.

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