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.
No doubt, particularly when this administration can't figure out how to wipe without fingering themselves. Watching the congressional hearing though, seems they ain't going to give away all that taxpayer money without some kinda safeguards. Well we'll see which hand fills up first shortly.
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