With such highly paid management, you would expect that BD and his directs would be able to articulate AIG's strategy for the next couple of years, but they never do that. We may buy companies, like the US division of BD's Bermuda company, so besides his $42 million salary, he got compensated by AIG buying his share of Hamilton Insurance. This AIG business unit has been around for two years as an AIG entity and has yet to make a dollar. They did the same some years back for AIG's CFO Doug Daschille when they bought his company. The only known strategy that has been for AIG been "Expense Reduction".
Wonder why none of the financial gurus never ask BD the question in the subject line!!