Market Currents
Thursday, November 12, 2009
8:08 AM
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AIG (AIG) CEO Robert Benmosche tells employees in an internal memo he remains "totally committed to leading AIG through its challenges" despite his frustrations with government curbs on compensation. Benmosche also called the government's limits a "barrier" that "stand in the way of restoring AIG's value" and repaying its debt.
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Just yesterday, Moody's announced that it expected AIG to pay back the government in full.
Yet, there remain the perpetually antagonistic, who wish to see the company fail, tens of thousands added to unemployment, and the economy and markets taken down in the backwash. Fortunately, such misguided desire doesn't control real-world events. (It does, however, probably prevent those holding such views from making any money in the markets.)