You read about it earlier today but then the company announced a stunning $62 billion loss and THEN the AIG CEO had to come out and say he could pay everything back to the TARP. Which can only mean one thing -- he can't or else he wouldn't open his mouth. Meanwhile, watch AIG shares on the yo-yo trade tomorrow -- someone could make a killing trading AIG options if any more bad news comes out. Microsoft to temps with no health insurance -- you get a 10% paycut! Yikes. More dark tidings coming shortly.
Alex Salkever is the Director of Research at Piqqem.com, an online stock research company that uses Wisdom of Crowds methodology to track sentiment towards stocks.