AIG’s Net Loss for Q2: $5.36 Billion; Conference Call Today, Details

August 7, 2008

  • August 7, 2008 at 11:55 am
    matt says:
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    Their net loss was $680 per second, $40,791 per minute, $58,739,726 per day.

    Keep that in mind if you reference the prior IJ articles about CEO compensation, severance and bonuses… Shareholders need to demand more accountability.

  • August 7, 2008 at 12:01 pm
    Greg Hearn says:
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    I have experienced several problems with Erie Insurance. According to FBIC they are rated at #24 out of 100 as worst company to get insurance. Google “FBIC” and see for yourself. They also list the good insurance companies. If you have a problem with your current insurance company they give state by state laws on what you are allowed to do against your insurance company. Insurance companies are state regulated. Google “FBIC” and find out what your rights are and what you can do.

  • August 8, 2008 at 12:15 pm
    Tiger says:
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    Learn to walk the walk!

  • August 7, 2008 at 12:25 pm
    Ok That's Enough says:
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    OK Greg, we get it. You hate Erie. Every post from you is about Erie.

    Get over it, move on, it’s getting old.

    Don’t know what they did to you, and we frankly don’t care.

  • August 7, 2008 at 1:07 am
    Mr. Obvious says:
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    That is 3 straight quarters losing over $5 Billion. From their financial report, it looks like their insurance biz is doing just fine, posting a 90 combined. They made $1.4B writing P&C insurance, and an additional $2.6 on the L&H side.

    Too bad they didn’t stick to insurance.

  • August 8, 2008 at 1:11 am
    Caveman Lawyer says:
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    Thanks Greg for promoting our website on here…we like the press. We beat Geico, and now we are focusing on others. What do i know? I am just a caveman…

  • August 7, 2008 at 1:35 am
    Chicken Farmer says:
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    Subject line says it all.

  • August 7, 2008 at 2:13 am
    Greg Hearn says:
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    If you don’t like what people say, then don’t read it. Obviously, you do care because you did read the comment. Furthermore, I’m getting my job accomplished by getting people like you to read the comments. So, I will continue on. Thanks for reading my comment. By the way, do you know what the “FBIC” is? If not, look it up and see what they’re about. Also, don’t be afraid to identify yourself (full name)— I did. Again, until you read about the FBIC and understand what bad faith insurance companies do to people, shut the ? up. What interesting comment have you posted besides what you don’t want to hear from others? I’d love to look at it. By the way, I will continue on—Sorry “Ok that’s enough”.

  • August 7, 2008 at 2:19 am
    Pat Beranger says:
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    Apparently not everyone shares the same sentiment about Erie. Feel free to Google the JD Powers Survey where Erie was voted #1 for customer satisfaction for auto in U.S.

    Not sure what any of this (yes, including my post) has to do with AIG or the story. . .

  • August 7, 2008 at 2:25 am
    OK That's Enough says:
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    Greg,

    I’ve worked very hard in life not to be reduced to other people’s level, or to call them one-track idiots, but you are pushing it very close to the edge.

    You’re comment accomplished NOTHING, at least not with me, other than to prove you don’t have any real power to effect change so you are reduced to post everywhere to settle a personal battle.

    My full name is irrelevant at this point – that will be made clear another day. Until that time, just keep saying what you’re saying – when one hears the same drum beat over and over, eventually the sound is no longer heard.

    Oh and to tell some one to “shut up” is just simply proof of lack of training. At least be creative in how you try to silence YOUR critics.



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