AIG © fintag

News comments:
You know in Terminator when the mercury alien breaks up and then reforms? Well the markets are a bit like that right now. AIG always reminded of the mercury man.

Just finished a webex with some smug analysts who described the markets in the last few years as violent. Violent markets. I quite like that. I also like Harvey Golub admitting AIG should be broken up into little bits (bloomberg). Our memories are short, and getting shorter thanks to Twitter, but once upon a time AIG was the most hated company in the world. I love the way Americans are able to forgive and forget. Most of the time.

Today's shorts:
Double double double dipping Japan gets a CRA bashing (reuters)

Today's longs:
Gottex are Mercury Man (hedgeweek)

Cayman gives the EU its middle finger (hedgeweek)

Gossip:
Barclays to be renamed Barclays Capital.