Picture 1324.pngSomething to keep in mind next time you want to tell the guy who sits next to you “I wouldn’t fuck AIG with Charlie Gasparino’s vagina,” Mr. Frank. From the firm’s 10Q, per Michelle Leder:

To date, this scrutiny and extensive commentary has adversely affected AIG by damaging AIG’s business, reputation and brand among current and potential customers, agents and other distributors of AIG products and services, thereby reducing sales of AIG products and services, and resulting in an increase in AIG policyholder surrenders and non-renewals of AIG policies. This scrutiny and commentary has also undermined employee morale and AIG’s ability to motivate and retain its employees. If this level of scrutiny and criticism continues or increases, AIG’s business may be further adversely affected and its ability to retain and motivate employees further harmed.

Oh, and retired chairman Edmund S.W. Tse is still getting office space, administrative support, a car and driver, hotel accommodations, club memberships, and first class travel between Hong Kong and New York. No big!
AIG: Blame The Negative Publicity [footnoted.org]

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Comments (8)

  1. Posted by guest | May 8, 2009 at 11:18 AM

    So many sayings: you made your bed now lie in it, you reap what you sow, etc etc etc

  2. Posted by guest | May 8, 2009 at 11:24 AM

    AIG should consider giving out lollipops and puppy dogs, and introducing Mr. Tse to an unfortunate accident, preferably in Hong Kong.

  3. Posted by guest | May 8, 2009 at 11:27 AM

    Traders don’t lose money; negative publicity does.

  4. Posted by guest | May 8, 2009 at 11:30 AM

    “I wouldn’t fuck AIG with Charlie Gasparino’s vagina,”
    amazing.

  5. Posted by merkin capital partners | May 8, 2009 at 11:37 AM

    Why is he on TV again? FML.

  6. Posted by guest | May 8, 2009 at 11:39 AM

    @5- because you touch yourself

  7. Posted by guest | May 8, 2009 at 11:59 AM

    “AIG gave me dirty lovin and herpes”
    -Charlie Gasparino’s vagina

  8. Posted by guest | May 8, 2009 at 1:22 PM

    You know they’re right…it was all of the rumors and slander that hurt AIG. None of that over-leveraging business, and stupidity, had any effect what so ever.

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