Network News

X My Profile
View More Activity

AIG Headquarters Going Condo?

Oh, the irony! The Wall Street Journal's Deal Journal blog is reporting that the former headquarters of American International Group -- AIG-- in Manhattan will be turned into luxury condos. AIG--the giant insurance company that had to be bailed out by the federal government after it insured way too many mortgage-backed securities that turned sour. AIG--ground zero of the financial meltdown (or at least one of them) will turn into luxury condo apartments!

I wonder who's going to insure those mortgages?

By Elizabeth Razzi  |  October 13, 2009; 5:27 PM ET
Categories:  Buying , Condo/homeowner associations , Funny , Neighborhoods , New construction , Selling , The economy  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   StumbleUpon   Technorati   Google Buzz   Previous: What's the Mortgage-Interest Deduction for That Yacht?
Next: Get Free Alerts if Someone Messes With Your Deed


Great find! Thanks, I needed a laugh.

Posted by: kingstowne_renter | October 14, 2009 9:17 AM | Report abuse

The comments to this entry are closed.

RSS Feed
Subscribe to The Post

© 2010 The Washington Post Company