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.
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.
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