AIG Support Failure

One of my financial shorts is none other than bailout queen AIG, shown below with this guy who should be judged, Joe Costello. For the short-memoried among you, he’s the one who got paid hundreds of millions of dollars, while the stupid taxpayers (that’s us) bailed out this worthless firm to the tune of half a trillion dollars.

Lesson: cheat everyone you can, and cheat big. There ARE no consequences.

(Click on image to enlarge)

1113-aig

Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...

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