Friday, August 28, 2009
Benmosche in No Hurry to Sell Off AIG's Assets
As shares of American International Group Inc. continued to ascend Thursday, newly minted Chief Executive Robert Benmosche said he is taking a far more patient approach than his predecessor toward selling assets to repay the government.
He is willing to wait as long as three years, he said, to offer stakes in two multibillion-dollar foreign units that the insurer had been racing to spin off.
"It's not a question of if, but when," Mr. Benmosche said in an interview with The Wall Street Journal at his home here...
WSJ: Benmosche in No Hurry to Sell Off AIG's Assets (Subscription required)
He is willing to wait as long as three years, he said, to offer stakes in two multibillion-dollar foreign units that the insurer had been racing to spin off.
"It's not a question of if, but when," Mr. Benmosche said in an interview with The Wall Street Journal at his home here...
WSJ: Benmosche in No Hurry to Sell Off AIG's Assets (Subscription required)
Permalink posted by markw @ 5:06 AM 
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