Congrats To All Who Got In On AIG Offering...(UPDATE: TIMBERRRRRRR)

Tyler Durden's picture

Update: Timberrrrrr - this is what happens when you can't package dogshit as a social network or a chinese reverse merger.

...You are down just 3% in a few hours. Also, as a reminder, flipping to bigger idiots only works when one has a profit. And congratulations to the US Treasury. The $5.8 billion in gross proceeds (and $5.4 billion net of the $385 million in fees paid to Bank of America, JP Morgan and other TBTFs) is almost, but not quite, in the same league as the $110 billion in new debt issued this week. Oh, and good luck with the remaining $41 bllion in AIG Treasury exposure (through the common) not at a loss (above $28.70)

 

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Overflow-admin's picture

Sell that junk BITCHEZ!

(with a vengeance)

camaro68ss's picture

today is turning out to be a fun day

silberblick's picture

Here's some more hilarity.

Click below to see a graphic illustration of bankster's dirty hierarchy of needs:

http://thesilvergoldhedge.blogspot.com/2011/05/banksters-dirty-hierarchy...

Cindy_Dies_In_The_End's picture

Hey tyler. please post the picture of people running in terror for their lives you used to post. Its fitting.

camaro68ss's picture

I love the deer in the headlights photo. when you see that you know shit is fucked up

TheTmfreak's picture

I usually laugh out loud everytime I see it. Its almost too good.

williambanzai7's picture

Listen Mr Silver Dickhead, I was very polite when I told you in my post, please do not copy my ideas without providing proper attribution or a simple h/t.

I am not a copyright or plagiarism Nazi, but I find your gall amazing.

Now you are pimping your blog using my ideas on my home site.  

For this you shall be Banzai7'd

tmosley's picture

Could you post the original?

williambanzai7's picture

This has been on my blog since September 2010.

I posted it on this site yesterday with the Ben Pavlov Post.

Now he has copied the the concept, use of the dollar pyramid and my words verbatim.

I don't know about you, where I went to school this was called plagiarism.

Now I hate to pull this thread into a tangent because the AIG shit hole needs to be dealt with. But at the same time I am not going to stand by and watch the site get cluttered with unoriginal blog pimping.

Cindy_Dies_In_The_End's picture

Hey Banzai that is fucked up!

 

http://thesilvergoldhedge.blogspot.com/2011/05/banksters-dirty-hierarchy...

 

to the douche who stole Banzai's work, work this out with Banzai, or CEASE AND DESIST.

I wouldn't piss off the kind folks that read this board.

 

 

famousamos's picture

I can't stop watching the "European Vacation" video. Greek markets. Oh Shit!

vocational tainee's picture

stop advertising your fucking portal...

Motorhead's picture

Who in their right mind would have bought in the first place?

Sit on your hands, bitchez!

Threeggg's picture

Um' You might want to call you're Mutual Fund/IRA manager, that I am sure made a handsome commish buying this meth from the drug pusher that sold it............................................!

All in collusion of course !

buzzsaw99's picture

market cap bitchez.

Cleanclog's picture

On a split adjusted basis, AIG traded at > $1K/share 10 years ago.  Ugly bugly.

So who "had" to buy it this morning?  Who had to "promise" at $29/share all week?  Rigged market much?

mynhair's picture

market crap bitchez.

 

Fixed

BlueDonkey's picture

Is that Grimsvotn erupting at the bottom of the chart?

UGrev's picture

No, that's the blood spurting from the arteries... 

RockyRacoon's picture

I think this is a charting first: 

It's the first one I've ever seen that is taller than it is wide!

monopoly's picture

And all they do is spin how successful Geithner was with AIG. What a disaster.

LRC Fan's picture

All they need to do is a reverse split, problem solved, profit for the taxpayerz (sorry Timmay, that's tax PAYERS you douche.) 

TideFighter's picture

tax PAYERS (n-1) if you use TurboTax

TideFighter's picture

Should've said, "Are you Linkedin to AIG?"

Hey, captcha questions are easy today, I'm going long on stupid posts.

chet's picture

Have I got a great pile of feces for you!  Don't miss out on this one!

knowless's picture

top comment on youtube:

I love how he distracts them with the ball and tap dancing.? lmfao!!!!!!!!!

drink or die's picture

Roll that beautiful bean footage.

UGrev's picture

holy shit. look at that mother fucker tank!

RacerX's picture

Ah that's just a bad tick.

Ruffcut's picture

JUst new and improved ponzi, without the new and improved, part.

Spartan's picture

They should have changed name to AIG.com the stock would be up 100% by now.

ABG LINE's picture

--)-)@

 

To my friends @ CSV. :-(

 

 

Cthonic's picture
Douglas Kass
i am taking a long rental in aig at 28.65 now in premarket trading.

4 hours ago twitter

When you rent, at what point do you heed the mental stop?

Cdad's picture

Nice work the TBTF banks did for the gov there...agreeing to buy it and flipping it out at a loss to the dumbest algos in the room.  I have yet to hear or read any cogent analysis of this company and its true fundamental value.  It is really too bad that our government intervened and saved this embarrassment of a company.

In other news, prepare for an imminent break in the XRT @ the 50 day sma.  When it goes, get your surf board for the massive wave of selling in darling retail names, likely including NFLX which is printing a huge double top.  COSTCO and Amazon are not even waiting, reading the retail tea leaves of the last week or so in this bubbly retail group.  If ever there was an over owned segment of any stock market on earth, this is it.

In the meantime, banks continue to search for oblivion levels, otherwise known as "book value."  

This is the dumbest market in the history of the world...or probably more true, this isn't a market at all.

Thank you criminal syndicate Wall Street bankers, H. Paulsen, B. Bernanke, M. Shaprio.  Thanks for the wasteland.

Vergeltung's picture

too big to fail, my ass.....

 

cowdiddly's picture

Timmay and hasBen, You can flip your profits for LNKN @ 1394 X PE and be back to par in no time.

Sophist Economicus's picture

Ahhh, the cold hand of government at work...

Nicholaz's picture

Quite honestly, I'da have loved to see the Government sell a lot more of that stuff before it goes downhill, saving the taxpayer from the socialized losses and giving them just back to where they belong.

Dr. Engali's picture

Ha ha ha ha you funny Joe....."give them back where they belong" you funny :)

NotApplicable's picture

Never mind that it's being bought by all of the retirement funds. Then, when they blow up, they'll give everyone a sweetheart deal to exchange them for Treasurys. Yay!

"They call it the American Dream, because you have to be asleep to believe it." -- George Carlin

glenlloyd's picture

I'm sorry, but this should surprise no one.

mayhem_korner's picture

Just a dorky observation in my sopwith camel...

...if you combine Timmay with Bernanke, you also get TIMBER.

patent, baby :p

Nicholaz's picture

Umm, what does "Timberrr" mean in this context?

alien-IQ's picture

Priceless....Literally.

omi's picture

let's see if they buy $28