This article is blaming the dip in stocks today on the news from AIG earnings/losses. In the article it say.

“AIG: AIG reported a $62 billion fourth-quarter loss, the largest in U.S. corporate history, on turmoil in the credit markets and massive restructuring costs. For the full year, AIG lost $99 billion after reporting a profit of $9.3 billion in 2007.

To keep the company from collapsing and infecting the broader financial market, the government is revising its bailout for the third time and committing another $30 billion in exchange for cumulative preferred stock. The rescue plan now totals $162.5 billion. (Full story)”

If they have put in 162 billion, and they have lost almost half of that, isn’t that sort of like a negative return.

Should they let this company die?

Shows you how much I know.

money.cnn.com