Entries tagged "Edward Liddy"

AIG close to selling Taiwan unit

American International Group CEO Robert Benmosche may soon be bagging another asset sale.

AIG CEO Robert Benmosche, aka 'Bob The Builder'

AIG CEO Robert Benmosche told employees that there won't be any fire sales of AIG's assets. Instead, his strategy to pay back the government is to rebuild.

AIG scraps sale of Advisor Group

About 10 months after AIG put its broker-dealer business, AIG Advisor Group, on the block, new CEO Robert Benmosche decides he wants to keep it.

AIG posts $1.82B profit; CDS unwind crawls

American International Group reported a net income of $1.8 billion, ending its six-quarter losing streak. Here's a summary of what's important.

AIG to report earnings silently

American International Group will release second-quarter results Friday.

AIG CEO position filled by Benmosche?

American International Group could replace Edward Liddy with MetLife former chairman and CEO Robert Benmosche.

AIG elects new directors

American International Group shareholders got to vent frustration and elect a new slate of directors at the insurer's annual shareholder meeting.

Does Citi's Pandit really deserve more?

After reading Breakingviews' article on Citigroup CEO Vikram Pandit, one question is: Does he really deserve more?

AIG's CDS unwind slows down

The unwinding of those pesky $2.7 trillion derivatives has slowed down to a crawl.

AIG to repay bailout in three to five years

CEO Edward Liddy told lawmakers at a hearing that it will take three to five years -- at least -- to repay the $180 billion government bailout.

AIG's Liddy testifies as hunt for successor begins

Edward Liddy heads to a House Committee on Oversight and Government Reform hearing to update lawmakers on AIG's restructuring, as trustees search for a successor.

AIG restructuring to take years

AIG's restructuring is going to take years, but the insurer seems to be closing up several deals including the sale of it's Tokyo headquarters for $1.2 billion.

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