The question on everyones lips, might this really happen.Stock up 15pc since rumour was leaked.Is there something in the speculation??? Does Peter want out???
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Stock price soaring. Yet, not a single sale of the millions held in AIG company stock by Pirate Pete and his cronies since the rumored Chubb deal… makes me think they can’t sell as this would be considered insider trading.
Peter got on camera at the all hands and poked fun at Chubb recently.
@b0 Pete contract ends in November 2027, not exactly tomorrow
AIG is struggling to get decent results and was never able to do a real turnaround since the 2008 fall. I don't want to lose my job and I'm scared of such a merger that could lead to massive layoffs, but at the same time I'm curious of what a chubb+aig company could become. Not so curious to cheer for it to actually happen though
Where have u been? Peter has a five year contract and his time is almost up. This was always in the cards. They are just pi---d that someone leaked the inevitable. However, this now gives Berkshire something to think about as they practically own all of AIG's runoff business.
You are late to the party… thread about this from last week