[1]Not like it is news, but... Out of one pocket, into another, and in the mean time "things get better" as Gross [4]explains below. That said, we hope Bill knows where Allianz of A&G fame (which just happens to be the closest comp to our own AIG) falls in the pecking order of the European house of cards.
[5]
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/11077
[3] http://www.zerohedge.com/taxonomy_vtn/term/194
[4] https://twitter.com/#!/PIMCO/status/167310782378422273
[5] http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/01/Gross%202.8.jpg