Break it up into 2 companies. One with General Insurance and Blackboard let PZ lead. The other with Investments and L & Rand let KH lead. You can have 2 boards....then see what happens.
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They are blinded by the light. They can't be the brightest bulbs on the tree to see what is happening. It doesn't take a rocket scientist to see but the board must be very low IQ. It's going down and down and down.
The board isn't smart. They are greedy and don't care about the company or employees. The only care the stock price. They are blind.
@1vmd+13kg7Ire, you're right. About to announce yet another restructuring. Accenture replaces McKinsey in telling management what to do. Leadership has no idea how messed up we really are. So they will do big layoffs in not so distant future as well, across the board, all regions and functions could be impacted. Check WARN website for disclosure, as AIG has to file with NY government before cutting a lit of folks.
Amen
That's the plan. BD acquired Validus to write down the DTA. If it seems like corporate is run by a dolt farm, most of the brightest in upper management have taken roles in the businesses fully expecting corporate overhead to be eliminated in relative near term.
can't we all get along. Remember we are the little people not making any money
Ok, so Fake News poster first post is that they have no clue....
Not a PZ minion, just making a statement. They neeed Life and Retirement to prop up the company, so the big boys get their big bonuses
To Fake news. It wasn’t posted as news, but a suggestion....you must be a PZ minion
Fake news. AIG will not split the company.
It’s called the sun
VAGUE AND OMINOUS STATEMENT.........
Something big is on the horizon. I do not have all the details at this time.
AIG will be changing........
If the board was smart....haha.....if they were smart we wouldn't have gotten bailed out the first time and I wouldn't be surprised if we tried for a second time. Although I don't think it will happen second time around. I think we will sink and the board deserves this for voting for raises for BD and his buddies when they haven't done anything to improve the company
Then we would need to make duplicate departments after the split costing more money.
Sell some companies outright would be best.
Oh, Hi Carl. Welcome to the forum.