the real inside, page-37

This was taken from http://www.businessday.com.au/business/markets/us-stocks-rally-20090425-aic5.html


...``The most important headline is that most banks have adequate capital and that's what the economy needs to finance the recovery,'' said David Sowerby, who helps oversee about $US100 billion at Loomis Sayles. ``We've seen earnings news collectively prove better-than- expected. That can keep the market pushing forward.''...


If that is true (Banks have enough capital), not only AIO will recover, many will also...I guess the "good" thing is AIO's debt is not due until May 2010, for long termer if the economy does begin to recover in late 09, AIO should still be around in late 2010.