AIG ‘s revenue and profits have been declining consistently in the past few years.
The CEO had been on the position for less than 3 years and was forced to resign, indicating how sever the problems are.
In the past few years, there have been more and more clients claims (costs to AIG), which can not easily be stopped by a new CEO (who knows when the new CEO will come and is he/she is capable ).
The world markets are near their multi – year highs, so it is a good time to short AIG to balance the portfolio.
AIG ‘s revenue and profits have been declining consistently in the past few years.
The CEO had been on the position for less than 3 years and was forced to resign, indicating how sever the problems are.
In the past few years, there have been more and more clients claims (costs to AIG), which can not easily be stopped by a new CEO (who knows when the new CEO will come and is he/she is capable ).
The world markets are near their multi – year highs, so it is a good time to short AIG to balance the portfolio.
Sell !