The newly installed CEO Edward Liddy, full of piss and vinegar in his new job and experienced with AllState - this guy will pull AIG out of it's doldrums, kicking and screaming by it's corporate balls. His stated plans to sell off assets and focus on its strengths of property/casualty insurance and most important its Asian business sounds like a winner to me. The resignation in Singapore and the new blood it will bring in is a plus. The only minus, but short term is in Japan and that should be no more than a blip in the chart today or tomorrow. Oh... and Liddy isn't going to let a 'little shareholder get-to-gether' derail any of his plans. Think of him as a Rumsfeld of the insurance business.
$4.9982 (09/23/08)
