Did U Think The Ponzi Scheme Would Last?

AIG's Long Awaited Shake-Up Arrives

All your fundamental analysis is flawed because it uses past numbers that were achieved through the use of risky leverage which will not be possible going forward. Take away the leveraged business revenues and profits and what do you really have? The low price to sales number is like that because big investors understand that a major dynamics shift has occurred.

Now, look at the chart. You can see how AIG suddenly went into overdrive some years back due to leverage. That makes it a mania chart. Manias always end up lower than where they started. Watch in shock and awe as AIG continues to tank down into the low 20s and then into the teens.

Without the leverage it's simply not the same company.