"Management can now devote 100% of its attention to driving returns," writes Sterne Agee of AIG...


"Management can now devote 100% of its attention to driving returns," writes Sterne Agee of AIG following Treasury's exit. Rating the stock a Buy, the team hopes in the near future to see a dividend, details on cutting expenses, and a change to management-incentive programs to realign them with shareholder interests. Shares +0.8% premarket.

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Comments (5)
  • FrankArabia
    , contributor
    Comments (982) | Send Message
     
    terrible news....
    12 Dec 2012, 08:33 AM Reply Like
  • youngman442002
    , contributor
    Comments (5123) | Send Message
     
    and back into the casino
    12 Dec 2012, 08:49 AM Reply Like
  • Dylan Byrd
    , contributor
    Comments (66) | Send Message
     
    Call me naive, but this is still a great deal...
    12 Dec 2012, 09:53 AM Reply Like
  • sid18
    , contributor
    Comments (380) | Send Message
     
    Excuse my ignorance, but what part of this was terrible?
    12 Dec 2012, 11:14 PM Reply Like
  • Dylan Byrd
    , contributor
    Comments (66) | Send Message
     
    They must think the company will go back to its old ways... The cool part about it is that the people who were a part of those old ways leading the company down the wrong path are gone, and replaced with management which I have extreme confidence in. The shell name of AIG may be the same, but it's outlook is completely different than what these people think. By the time they trust it though, that will be the time I will sell.
    13 Dec 2012, 09:59 AM Reply Like
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