Friday, August 28, 2009

AIG

Ok, AIG is now north of $50 (split-adjusted, of course). I am going to declare that they are a short simply based on this video of their CEO telling an interviewer that he is working just fine from his Croatian villa. I do not know who this guy is, or what he is all about, but he clearly does not get it. The elf should fire him promptly and find someone else to run this taxpayer-owned entity. Or, at least, someone who shows up, and may be even takes vacay after a full year has passed. You know, kind of like the rest of us.

Update: 9/8/2009 AIG is now under $36. Cover some, at least.

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