American International Group, Inc. (NYSE:AIG) still no decision on CEO, board to meet Tuesday. Chartpoppers.com releases Consolidated Investment Analysis on AIG
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(EMAILWIRE.COM, November 20, 2009 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring company American International Group, Inc. (NYSE:AIG)
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. AIG's primary activities include both General Insurance and Life Insurance & Retirement Services operations
Recent News on American International Group, Inc. (NYSE:AIG)
An American International Group Inc's (AIG.N) board meeting is expected next week against the backdrop of Chief Executive Robert Benmosche's frustration with the U.S. government's involvement in the insurer's affairs, a source familiar with the matter said on Thursday.
But the board does not plan to take any action with respect to Benmosche when it meets next Tuesday, the source said.
The Wall Street Journal has reported that the recently installed CEO had threatened to quit earlier in November, partly because he does not have discretion over pay packages for top executives.
But Benmosche said in a letter to employees last week that he was "totally committed" to seeing the company through its difficulties.
Benmosche has been frustrated with the extent of governmental oversight of the bailed out insurer, and would rather focus on improving its operations, the source said.
AIG, which has received up to $180 billion of federal aid, including more than $80 billion in loans, is around 80 percent-owned by U.S. taxpayers.
AIG declined to comment. The source did not want to be identified because the upcoming meeting is not public.
To view the Consolidated Investment Analysis on American International Group, Inc. (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. We try 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 to a in depth coverage of what’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
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.
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. AIG's primary activities include both General Insurance and Life Insurance & Retirement Services operations
Recent News on American International Group, Inc. (NYSE:AIG)
An American International Group Inc's (AIG.N) board meeting is expected next week against the backdrop of Chief Executive Robert Benmosche's frustration with the U.S. government's involvement in the insurer's affairs, a source familiar with the matter said on Thursday.
But the board does not plan to take any action with respect to Benmosche when it meets next Tuesday, the source said.
The Wall Street Journal has reported that the recently installed CEO had threatened to quit earlier in November, partly because he does not have discretion over pay packages for top executives.
But Benmosche said in a letter to employees last week that he was "totally committed" to seeing the company through its difficulties.
Benmosche has been frustrated with the extent of governmental oversight of the bailed out insurer, and would rather focus on improving its operations, the source said.
AIG, which has received up to $180 billion of federal aid, including more than $80 billion in loans, is around 80 percent-owned by U.S. taxpayers.
AIG declined to comment. The source did not want to be identified because the upcoming meeting is not public.
To view the Consolidated Investment Analysis on American International Group, Inc. (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. We try 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 to a in depth coverage of what’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
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.
