I have to hand it to AIG. They are proving to be a bottomless pit of horror that may make Citigroup, Merrill and UBS look like Fort Knox! Another $12 billion in writedowns with no end in sight. What we have had a lot of fun doing, besides shorting these guys from back in December, is replaying their old, obnoxious commercials. Last quarters earnings disaster we played that annoying little kid who can't go to sleep because he's worried about the family's investment and insurance portfolio. He is soothed back to bed with, "Don't worry pal, we're with AIG". Now, can't you just picture the kid and his parents huddled in the closet shaking in fear, as Jason from Friday the 13th is hacking his way through the door with an ax?
Here's another great obnoxious AIG commercial that challenges us to make sure we don't outlive our money. Screw outliving our money, if we're with AIG we have to worry about outliving them! Anyway, here's the clip, feel free to sing along and most of all, pray;


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