Lets think positive and the stock price will go up, up, up,
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Hey, AIG only lost almost $8 billion, yes billion. That’s not really too bad. We are well positioned to move forward and should continue to invest $20 million a year in BDs salary. Lol, wtf is the board doing!
Overall, AIG swung to a second-quarter loss of $7.94 billion, or $9.15 a share, from a profit of $1.1 billion, or $1.24 a share, a year earlier. AIG completed the sale of a 76.6% stake in Fortitude on June 2, in a move that Mr. Duperreault said “de-risks our balance sheet,” by reducing the company’s exposure to long-term liabilities in products it no longer sells. This so-called runoff business exposed AIG to interest-rate risk over a large number of years, as premiums are invested and reinvested over time before liabilities come due, among other reasons for its divestiture.
On an adjusted basis, profit fell to 66 cents a share from $1.43 a share a year earlier. Analysts surveyed by FactSet expected 50 cents a share.
work harder so I can take my morning nap
AiG loves to rif HR people.
Stock Price: $32.28 Work Harder!
Today is the BIG Day. What will the number BEEEEEEEEEEEE?
So much spent on leaders who do so little. I wonder if they ever contemplate the level of disdain we have for them in the town halls. I doubt it, as sociopaths can't understand the feelings of others. Employees, if you want to send a message, find a reason to not respond to or dial into your next town hall. Leadership has nothing to say except your fired.
Lol, that’s how most employees feel. It’s a zombie company.
If you know how to analyze stock, you will see that this stock is so flat, that if it was a patient on life support....they would have pulled the plug. You can "rah rah sis boom bah" all you want....but ....sadly....the patient is brain dead.
Over under BD lasting past his 5 year contract.
To Post ID: @ojp+16djGjHb that is such a positive out look but it's not reality. All the RIF's that took place so far in July were scheduled for March and then June but happened in July. It's a plan that they put in place and it's called AIG 200 and there will be more RIF's happening throughout the year and into 2021. Sorry but it's reality. Hang in there until you get RIF'd because the severance package is good.
If we have a good quarter they may stop Riffing people.
It's groundhog day again at aig!
BD comes out of his hole every three months to say things are getting better, but they never really do. then he sees his shadow and goes away for a few more months.
Yeah!!!!