Instead of arguing merits and demerits of AIG in and out of tortured English, I would subscribe to the strategy of buying low and selling high. In fact I recommend that .
Interesting article and comments. I think that in a best case scenario, AIG is a marshmallow covered hairball and at worse a multitude of holes in the North Sea dikes, accompanied by high water. It is therefore considered worthy of our close attention (and action) even if that only means selling or shorting the stock. It can, if we are looking feverishly for a positive, represent a textbook example of bad bet action by an American firm's "Casino" in a foreign jurisdiction, (London UK in this case) incompetent out-of-control management and worse internal governance and leadership. Lets hope Mr. Benmosche is a better leader than his predecessors at AIG. - not so hard to imagine, even if he is thought by many as a bargain at 10% of his price/cost to taxpayers. If we can take him literally at his word, his is a doomed mission unless his focus is as astute as what originally made AIG great. (You will remember that it began as CV Starr in Shanghai around 1917 and that we can't go back in time.)
Stay Away from AIG - Barron's [View article]
There now, ... everyone should be happy.
whoops .... you mean there's more??
Sobering Stat: ARMS Index Indicates Market Is at Peak, Not Bottom [View article]
AIG: The Lesson Not Learned [View article]