thanks to our wonderful management, AIG stock has gone from 65 to 29 in the last 2 to 3 years under BD and PZ and all their newly appointed 'global' cronies.
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This is priceless. Influential proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis had advised shareholders to vote against compensation packages for the insurer’s top executives, arguing in recent reports that AIG’s top executives get paid too much compared with the company’s performance.
I just made $45 dollars on this stock today. I wish I was back there doing nothing
The Enron and WorldCom folks would be proud.
Dont forget you guys bought Glatfelter #whatcouldgowrong
dont forget paying 1.8x tngible book for Validus #whatcouldgowrong
Yeah, an awful lot of cash is being used to grease the board to let this happen. There’s no other excuse at this point.
Yesterday’s Earnings announcement should have come with resignations.
Don't forget that we also paid $110 for BD's Hamilton insurance business, which was renamed Blackboard, which will go into run off at the end of this month, with layoffs of all the employees already announced per NY Warn notice.
Do not forget, we (AIG) paid $40 million to free BD from a noncompete agreement with Hamilton Insurance Group Ltd......so we could get what?
Wow....just.....wow!