“The world’s largest insurer…AIG is, in fact, a trainwreck, and the market is only just waking up to this. A note from Goldman analysts this morning might just be the wake up call investors need. For an idea of tone, let’s flash through some of the headers:
Don’t buy AIG.
A dangerous balance sheet posing as an inexpensive entry point.
There’s nothing to be feared except fear itself…and mortgages.
Raising capital: Ultimate number too difficult to quantify.”
Don’t buy AIG.
A dangerous balance sheet posing as an inexpensive entry point.
There’s nothing to be feared except fear itself…and mortgages.
Raising capital: Ultimate number too difficult to quantify.”
“Calling all cash: please report to AIG FP” via FT Alphaville
