"...the sale of the company’s asset management unit, would likely improve risk management and allow what is left of AIG to focus on writing profitable insurance in its remaining domestic markets. "
The asset management unit *is* profitable, and is not the unit that exposed the entire company to this debacle. It has not been a drag on risk management, nor had it deterred the insurance divisions from being very profitable.
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"...the sale of the company’s asset management unit, would likely improve risk management and allow what is left of AIG to focus on writing profitable insurance in its remaining domestic markets. "
Sep 23 14:02 pm
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All Comments by AIG99 »Why I Bought AIG Last Week [View article]
The asset management unit *is* profitable, and is not the unit that exposed the entire company to this debacle. It has not been a drag on risk management, nor had it deterred the insurance divisions from being very profitable.