I agree that AIG has been under pressure for a number of years now for all their misdeeds. I don’t recommend anyone to buy their coverage. They were arrogant bullies in the marketplace, were bid rigging years ago and getting caught long before their foray into the sub prime mess.
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If Peter H. has any decency left he will resign immediately.
2, we must have a bunch of AIG employees on this article. They are probably worried they won’t have a job long.