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« Buffet's monoline "rescue bid" | Main | Nothin' like a monoline! »

AIG - reaction is, it's fair to say, pretty negative

AIG admitted that an external audit revealed its writedowns should have been three times as big. Heads have, one hopes, rolled by now.

Comments have been somewhat short of sympathy:

AIG: Amoral, Insolent and Gluttonous
 Monday’s blow-up at AIG (AIG) didn’t particularly surprise those among us who have long held the view that AIG is more continuing criminal enterprise than the rock-solid bullet-proof global mega-insurance company of its delusional flacks...

Dissecting American International Group's $5.9B SEC Filing

Posted by Alexander Campbell on February 13, 2008 4:55 PM |

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