Someone's having a toffee crisp

Tripped over a blog on AIG by the FT and it kind fuelled a fire. So here goes ... to all those who were flogging AIG bonds last year, especially in Q2 and Q3 ... did you tell investors any of the following as part of your recommendation?:
- the previous chairman had been censured in 2005 and the company fined nearly £2bn
- their credit rating downgraded in the same year (now the route cause of their liquidity problem!!)
- AIG posted losses of over £20bn in Q1 of 2008
- that their exposure in the US housing market might be a slight cause of concern as that market had dipped by c. 14% in 2007

Any of you? Nah, didn't so ... too busy with your eyes on your own bottom line, rather than the bottom line of the investors you were 'advising'.

And before you ask ... no, I didn't buy any AIG stuff! A quick look at their recent pass and anyone who was even slightly cautious (understandable given the turbulence of last year) wouldn't have touched it with a toxic barge-pole.