williambanzai7

AIG Must Not Fail! - Cramer's Stop Trading! (9/15/08)

AIG needs new management. These guys are like Fuld. They can't make up their minds. Why does it take 4 months of studying to decide what to do? Answer: A sentimental attachment to all the toys they have in their closet. This is one example where a private equity firm would do a good job. AIG management does not know how to manage exits.