Final Segment #1:
'Wall Of Shame Update'
Tuesday, June 2, 2009

Jim:     Once you join the Mad Money Wall of Shame… my list of who I think are currently the absolute worst executives in the nation… people who have turned incompetence into an art form… and destroyed untold amounts of value… there are only two ways that you get off… either you earn yourself a pardon… or, and this happens much more often, you gracefully resign… it is practically a Cramerican national holiday every time someone comes down off of the wall… and today is no exception… today Ed Liddy, the departing Chairman and CEO of the black hole known as AIG gets to take… well gets his face taken down from the number one spot…

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Market Results today:

Dow:  + 19

Nasdaq:  + 8

S&P 500:  + 2

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Tuesday, October 22, 2008
(Cont'd from above)...


Jim:   Liddy’s inept management… his inept management was only eclipsed by his cluelessness and deciding to resign may be the only decent decision that he has made as AIG’s top dog… even though, he is widely considered to be well too ridiculed by me… I do not know, he made a lot of mistakes.

Normally, I do not put freshman CEO’s on the Wall Of Shame… but Liddy who only took the job 8 months ago, is a real record breaker… by the way, third guy from AIG that I have had to put on the wall… Liddy’s departure is good for the company… but not to me… nothing, I repeat, nothing could make AIG’s common stock worth owning… I repeat nothing… it is a zombie… and just like Scooby-Doo on zombie island, this time the monsters are for real… and the fact that the common stock has not been cancelled or delisted is a travesty… and a testament to the greed of the brokers and the New York Stock Exchange… which loves the volume that it gets from foolish investors trading this joke as a security.

Let’s have a big nice job for taking a horrible situation and making it even worse, so long, and do not come back booyah for Ed Liddy… and with that…. wow, the wall seems mighty empty… what did everybody suddenly get smart all of a sudden… now, that is not to say that there are not CEO’s out there that are not worthy of the coveted spots on the Wall of Shame… it is a chance for rehab… the wall has been known to straighten out a CEO or two… or at the very least, make them realize that they have not been spending enough time with their families.

Cramericans I need your help… email me at madmoney@cnbc.com and tell me who you think belongs on
the Wall of Shame… and why… and do not be shy.

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[verbatim recap]

[end of segment]


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