Hank Greenberg must be fuming. Liddy led Allstate to the trouble their in now. They needed a good INSURANCE guy/gal to run this new AIG. There aren’t many of those around either I guess.
The financial guys took control of the industry in the mid 70’s, early 80’s & things have not been the same since. We DO need some insurance people back in charge! Probably won’t happen, though.
So the current CEO came from Allstate, that explains a lot. Allstate is a dishonest company, your in good hands, NOT! Allstate has a long record of treating their clients like crap through dishonest business practices, I am one of their victims. Now with the bailout, almost half a million was doled out as incentives at a luxury spa. Shame.
Does anyone have answers to the following:
1. Where has the AIG Board been while the idiots in the financial/investment departments were insuring crap mortgages?
2. Who ram-rodded Liddy into the top position?
Hank Greenberg must be fuming. Liddy led Allstate to the trouble their in now. They needed a good INSURANCE guy/gal to run this new AIG. There aren’t many of those around either I guess.
The financial guys took control of the industry in the mid 70’s, early 80’s & things have not been the same since. We DO need some insurance people back in charge! Probably won’t happen, though.
So the current CEO came from Allstate, that explains a lot. Allstate is a dishonest company, your in good hands, NOT! Allstate has a long record of treating their clients like crap through dishonest business practices, I am one of their victims. Now with the bailout, almost half a million was doled out as incentives at a luxury spa. Shame.