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Real Estate News Releases
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(CHARTPOPPERS.COM, December 28, 2009 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring company American International Group. (NYSE: AIG)
The Consolidated Investment Analysis on American International Group. (NYSE: AIG) will be in particular interest to other competing companys within in its sector, such as Bank of America (NYSE: BAC), Hartford Financial Services (NYSE: HIG) and Allied World Assurance. (NYSE: AWH)
American International Group, Inc. (AIG) is a holding company which, through its subsidiaries, is engaged in a range of insurance and insurance-related activities in the United States and abroad. AIGÂ’s primary activities include both General Insurance and Life Insurance & Retirement Services operations. Other significant activities include Financial Services and Asset Management. The Company operates in four segments: General Insurance, Life Insurance & Retirement Services, Financial Services and Asset Management.
Recent News on American International Group. (NYSE: AIG)
At a reception shortly after he became chief executive officer of American International GroupInc., Robert Benmosche told a group of AIG executives that a part of his anatomy was bigger than the government's.
His five-month tenure at the insurer is putting his swagger to the test.
Mr. Benmosche, more than any other leader of a bailed-out American company, has styled himself as a bulwark against government intrusion into the corner office. Although he sees his main mission as repaying roughly $87 billion in taxpayer money pumped into AIG, he doesn't want the government to tell him how to do his job.
The 65-year-old insurance-industry veteran has criticized regulators, threatened to quit over government pay constraints and used profanity in company meetings. "With me, what you see is what you get," Mr. Benmosche says he has told government officials, AIG board members and employees.
An examination of Mr. Benmosche's conflicts with his federal overseers reveals how the most explosive aspect of the government's intervention in the private sector -- its attempt to slash pay at the financial firms it bailed out -- is playing out inside one of the world's largest insurers.
AIG became a lightning rod for the issue well before Mr. Benmosche arrived. Federal officials rescued AIG in September 2008 to prevent what they feared would be a systemic meltdown. The mess was largely the doing of AIG's financial-products unit, which took huge risks in pursuit of big profits. Yet after the bailout, executives in that unit collected large payments to remain at AIG to clean up the wreckage. Moreover, some of the banks whose mortgage bets with AIG were paid off by the bailout are now expected to pay big bonuses of their own.
To view the Consolidated Investment Analysis on American International Group. (NYSE: AIG) Please visit the stock pulse page at www.chartpoppers.com
In the report chartpoppers.com covers a recent Financial Summary, Analyst Consensus, Technical Analysis, Comparative Analysis and Insider Trading Activity.
The full report is available at www.chartpoppers.com
Chartpoppers.com is a market research and investment commentary provider. Chartpoppers.com aims to bring undervalued, up and coming companies into the sight of both experienced and non-experienced investors. Our diligent effort is to help investors, at whatever stage in their careers, to get a grasp on the necessary financial data that they need in order to make a educated investment decision. From our daily trading ideas and penny picks to a in depth coverage of whatÂ’s going on in the markets, we are sure that chartpoppers.com is exactly what you need in order succeed.
For More information please visit us at www.chartpoppers.com/about/
Chartpoppers.com Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. ChartPoppers.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
CHARTPOPPERS.COM
Paul Marek
6047245332
info@chartpoppers.com
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