Meet Robert Benmosche, New CEO OF Taxpayer-Owned AIG

He's already taken some heat for a vacation to Croatia days after accepting the CEO position at AIG.  He ran life insurer MetLife for 8 years ending in 2006.  According to Bloomberg, he turned down the AIG CEO offer 3 times before finally accepting it at the chiding of friends.  Nothing inspires confidence like knowing the guy has no interest in the job.

Short clips from Reuters and Bloomberg are inside.

Watch

Reuters Video with Benmosche in Croatia (1:25).

Bloomberg Video from August 20 (2:19).

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Comments

[DailyBail]

AIG Collection #1...includes background...13 stories in one link
http://sqworl.com/6edd1b


AIG Collection #2...10 stories
http://sqworl.com/b7599d

[DailyBail]

Benmosche Says He’ll Rebuild Units to Repay U.S.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aMclXyXbD2HA


Benmosche Accepts AIG Job After Friend Chides U.S.
http://www.bloomberg.com/apps/news?pid=20601109&sid=aZ3xs_HDanKU

[DailyBail]

EXCLUSIVE: AIG's new CEO reaches out to Greenberg
http://www.reuters.com/article/newsOne/idUSTRE57Q26020090827


EXCLUSIVE: AIG CEO defends holiday, slams "lynch mob" attacks
http://www.reuters.com/article/newsOne/idUSTRE57Q24J20090827

[DailyBail]

Time to get tough with AIG
http://blogs.reuters.com/commentaries/2009/08/28/time-to-get-tough-with-aig/?p=3251?tempedition=debatehub

[Sell Short]

AIG is worthless and seeing the stock trade at $50 ($2.50) pre split doent make any sense. I had bunch of clients asking me whether they should jump in AIG that the stock is flying high now. But the public doesnt know this junk company had a 20 for 1 split.

AIG for your trash can.

Sell em Short!

[DailyBail]

@SS...don't know whether you saw it...

Janet Tavakoli says AIG's equity is worth zero in this piece:

http://dailybail.com/home/aig-bubble-irrational-exuberance-by-janet-tavakoli.html

[Sell Short]

Daily Bail,

Not only worth 0, but its negative equity as well. Their name is nothing but liability. Puke on AIG!

Sell em Short!

[DailyBail]

happy today?...AIG is lower I presume?

[DailyBail]

AIG’s Benmosche Says Cuomo’s Bonus Tactics ‘Unbelievably Wrong’
http://bloomberg.com/apps/news?pid=20601087&sid=aql08HsdehF8


AIG CEO regrets sharp criticism of Cuomo
http://uk.reuters.com/article/idUKTRE5803AQ20090901?pageNumber=1&virtualBrandChannel=0