“We were the most disrespected brand name on the planet and now we have come back,” says AIG Chairman Steve Miller, holding court in Davos. “We’ve built a company with tremendous momentum and we’re going back on offense.” Seated next to him during the interview is Goldman President Gary Cohn. "If you go back four years, Goldman Sachs probably wouldn’t even have been sitting with me."
If AIG is back enough for its chairman to proclaim it so while siting in Davos next to a Goldman boss, one could be forgiven for pondering whether the good news is priced into the stock.
Shares off 2.6% today, down 6.2% YTD.