We dont need you on this board to tell us that. The current CEO is not responsible for what happened. Neither are the thousands of employees that depend on their jobs or the loyal stock holders that stayed with the ship even after it crashed. Your statement is stupid!
Its extremely hard to blame the whole company for the actions of a few and the fallacies that are inbred into the insurance system. Liddy has the ability to correct some of this even in this market environment but it takes time and help. IMO, AIG will survive this downturn as it should. The consequences of a failure by them would go a lot farther than jobs being lost.
My original post concerned the fact that Cramer is a big Pumper/Basher with his own audience and TV show. Though some choose to believe in his every word, I do not. He reminds me of the ex-taxi driver (Wade Cook) a few years back that was going to change the investment world with his rolling stocks. Where is he now that his system did not work in a changing market environment?
IF so 110'000 americans will lose their job, lots will lose their pensions and many will lose their life savings. You are a very bitter man for some reason ??Did AIG fire your ass ??