1. Will AIG Management Shakeup Improve Results?

    Will AIG Management Shakeup Improve Results?

    American International Group Inc., the insurer being pressured by activist investor Carl Icahn to boost returns, said last week that Chief Financial Officer David Herzog is among top managers leaving the company as Chief Executive Officer Peter Hancock ...

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    1. We are moving forward with a continued sense of urgency.
    2. The company is clearly under significant pressure from activist investors including Carl Icahn to improve results or split up the company.
    3. The operating performances of the key divisions has deteriorated.
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