AIG’s no-fire-sale ethos clashes with Icahn’s time-to-act push

January 21, 2016 by SONALI BASAK

(Bloomberg) — American International Group Inc. knows what it’s like to be circled by hawks.

Under pressure in 2009 to repay the insurer’s bailout, company executives were in a race to sell assets. Then Robert Benmosche applied the brakes when he took over as chief executive officer, demanding better prices on everything from an aircraft unit to derivative contracts. He eventually handed the U.S. government a $22.7 billion profit. Click HERE to read article 

Originally Posted at LifeHealthPro on January 20, 2016 by SONALI BASAK.