Wouldn't he be an important piece of the discussion given the major news? Probably out negotiating a buyer for the pieces after the break-up.
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He's off doing Lucky Charms commercials.
Hank should but L & R but low ball the offer. By the leadership not selling the whole division, they will destroy the only decent division with decent leadership.
Who would buy this? 80% aig majority ownership lol, juicing it whenever it needs money. Only a s—er would get involved. Look at the interest rates. No wonder they want to IPO, serious what is so special about AIG assets especially with the 1990s operations and back office.
AIG is a very wealthy family who got addicted crack and has to sell assets to slowly feed their habit. Zombie stock, and a zombie company. All the brains are gone... Chubb and Berkshire?
My Resume was a joke to other insurance carriers everyone knows how messed up AIG is lol, hold zero weight in FS.
AIG announces plan to sell some or all of L and R to pay down corporate debt.
https://www.insurancejournal.com/news/national/2020/11/06/589881.htm
“We currently contemplate either an IPO or a private sale of up to 19.9% of Life and Retirement, followed by one or more dispositions of our remaining ownership interest over time,” Zaffino said on Friday."
So L and R is the only company that really makes money and it is being sold. What does that say for the remaining companies that are not as nearly as profitable as L and R?
Agree, Hogan is the smartest of the bunch, but not part of the PZ crew so he has been discarded.