Thursday, August 20, 2009

Apparently AIG's New CEO Is Also A Comedian

"Robert Benmosche, the newly appointed chief executive officer of AIG (
AIG.N), says he expects the bailed-out insurer to be able to repay its federal debts and boost value for shareholders, according to a report by Bloomberg News.

"At the end of the day, we believe we will be able to pay back the government and we hope we will be able to do something for our shareholders as well," Benmosche said in an interview with Bloomberg while on holiday in Croatia."