AIG--THE GREATEST SHOW ON EARTH?

BANZAI7 NEWS--Shares of American International Group Inc. (AIG) fell 15% Tuesday, as investors remained concerned about the struggling insurance giant, especially given the uncertainty over who will succeed Chief Executive Edward Liddy, who succeeded Robert Willumstead, who succeeded Martin Sullivan, who succeeded Hank Greenberg.

Meanwhile, a jury Tuesday found a sister company to AIG, Shining Starz International Co., not liable for breach of trust or improper conversion in a dispute with AIG over millions of shares of the insurer's stock. The jury decided AIG should have known better than to trust Shing Starz in the first place. AIG had been praying for $400.3 billion in damages.

"That may be some of what's causing today's movement, but the bottom line is nobody wants to touch this stock with a sequined glove and a 10-foot pole," said Motley Fool's James Early. He said the company's week-ago 2000000000 to 1 reverse stock split "was such a bad warning sign that AIG paper is cheaper than a roll of TP."

The stock closed Tuesday at $13.75, putting its plummet this month alone amid its reverse stock split at 41%, that right folks 41%.

In related news, Ruben "Doc" Cavazos, the former Mongols motorcycle gang leader indicted with 78 others last year for allegedly ordering murders, extortion, drug trafficking and attacks on gang opponents, has pleaded guilty to a count of racketeering that could qualify him for public service time acting as the new CEO of AIG. Asked to comment, Ed Liddy said: "Cavazos and his team know how to move assets and certainly could get the job done."