buy aig

the time to buy aig is also here; this latest sell-off is a huge opportunity for those with just a bit of patience. yes, aig was forced to take some mark-to-market writedowns; but whatever their eventual size, they are likely temporary. probably most of these charges will be reversed back into earnings over the next few years as the mortgage loans backing the CDOs pay down. their portfolio has a weighted average life of just over 4 years. the stock is now at about 1x book value; it's a play on the rising middle class in china, india, russia, brazil and the rest of the world. do your own DD - but i'm buying the stock ASAP right here.