Re: [nas] AIG

Gilette stadium wasn’t going to be Gilette. It was only after the disgraceful fall of the original naming rights buyer (can’t recall name right now) that Gilette bought out that contract – though I’m really not sure how that all worked out. Maybe Evan or another Revs fan has some insight?

 

AIG has been rated poorly in the insurance industry for quite some time. The news of this fall did not surprise me. What irks me is that our tax dollars are being used for corporate welfare.

 

The myth that is being perpetuated by the media is that a lot of consumers would be affected with not being covered by insurance, etc etc. But the portfolio’s would be the first to be auctioned off so some other company would buy out all the loans, contracts, insurance policies.

 

Back to soccer, the on paper assets will probably affect the buying power of stars and trade negotiations down the pike.

 

From: nas-bounces@americakicks.com [mailto:nas-bounces@americakicks.com] On Behalf Of Ethan Gomberg
Sent: Wednesday, September 17, 2008 10:35 AM
To: Peter Kurilecz
Cc: NorthAmerican SoccerList
Subject: Re: [nas] AIG

 

Not really. AIG is not only the jersey sponsor for ManU, but ManU owners, the Glazers, have a considerable fortune allied to AIG with their purchase of ManU a few years ago. Essentially, AIG is a co-owner of ManU. So their fall could effect ManU.

Read more here: http://en.wikipedia.org/wiki/Malcolm_Glazer_takeover_of_Manchester_United#The_future

On Wed, Sep 17, 2008 at 8:33 AM, Peter Kurilecz <pakurilecz@gmail.com> wrote:

 

What would have happened if the US did not come to AIG's rescue yesterday?

Liverpool fans would be cheering
 

probably about the same that happened with Newcastle when their sponsor ran into trouble earlier this year

---
See all of today's Soccer News Links at: http://www.sams-army.com/
NAS is hosted by America Kicks (http://www.americakicks.com)
To subscribe or unsubscribe: http://nas.americakicks.com
To post, send an email to nas@americakicks.com