Originally Posted by The_Jazz

Because, by law, the parent can't take money out of the subsidiaries. That's the case with all insurance companies and it's designed to make sure that all assets used to pay claims are available. Most of the other non-insurance entities don't have the ability to generate the kind of cash that was necessary to solve the problem in time.

Originally Posted by The_Jazz

Until today, with the new loan, the conventional wisdom in the industry was that as the various assets are sold off, they will generate enough revenue to pay off the initial loan with interest. With the new loan, I don't know enough about how it's going to work and change the deal to tell you if that will still be the case. I think it will, but I need to see the numbers.

Originally Posted by The_Jazz

Well, I'm not so sure about the rest of the bailout since I don't know enough about it. But AIG is spending money to make money. It is really that simple. Do I think that there will be more incentive trips, no, probably not. But I think that AIG sales are going to suffer slightly for that lack. And in a time where they're going to be suffering already because of the bailout. Many of my clients are actively seeking other options. I talked with the president of Scottsdale Insurance Co. this evening about this, and he sees the same thing going on and lots more opportunities for them. That said, no company sees as much stuff as AIG and they serve a very valuable role in the marketplace.