TIME TO GET TOUGH WITH AIG

Author: admin  //  Category: Uncategorized

It’s time for someone in a Obama administration department to review a demonstration action to Robert Benmosche, American International Group’s brand new $7 million arch executive… Since removing a job, Benmosche has outlayed some-more time during his intemperate Croatian villa upon a Adriatic seashore than during a uneasy insurer’s corporate offices in New York.

And in a reduced term, Benmosche’s eighth month plan appears to be profitable dividends… This week, AIG’s shares surged 44 percent, to scarcely $50, after Benmosche pronounced which he dictated to pierce slower than his prototype in offered off AIG’s still viable divisions… Maybe Benmosche should cruise relocating AIG’s domicile to Dubrovnik…

Reuters: Time to get difficult with AIG

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