[Freedom_Is_Not_Free]

No, the $85 billion loan doesn’t prop up AIGs stock. The $85 billion goes right out the door to pay off the massive losses from MBS deriviatives. Wait until we hear they need another $85 billion and then another. Who knows how large the derivatives losses will grow? That is the problem — no transparency and no knowing who has how much of the toxic paper. AIG may not survive this even with Fed help.

[Petronski]

The $85 billion goes right out the door to pay off the massive losses from MBS deriviatives. Wait until we hear they need another $85 billion and then another.

Uh....no.

[Petronski]

The $85 billion goes right out the door to pay off the massive losses from MBS deriviatives. Wait until we hear they need another $85 billion and then another.

Uh, no. I will not wait.

Where is your evidence saying "the $85 billion goes right out the door..."?

That statement belies the basic facts of the deal.