Exit, Pursued by a Bear:

Warren Buffet, font of pith, said that when the tide goes out you see who's swimming naked. At AIG they weren't swimming at all: you could see their little heads, but their bodies had been eaten by piranhas.

Here's a smattering of AIG-iania, and let us never speak of them again:

From Dealscape: is AIG planning to change its name?
From Joe Nocera: Dear Congress - please move on.
From the Bete Noire itself: reluctant disclosure of CDS counterparties
From Lucian Bebchuk: is AIG really too big to fail?