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American International Group, Inc. Message Board

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  • cdhscottsdale cdhscottsdale Aug 2, 2007 3:41 PM Flag

    AIG Subprime Concerns Overdone, Analysts Say

    I have been away from the AIG board for about a year, and excuse my ignorance but I am still puzzled how old man Greenburg gets to sell shares of AIG from Starr holdings. As I understand the purpose of these shares is an investment vehicle for AIG employees. Why hasn't AIG taken control of the shares and managed same.

    Again, excuse my ignorance but I would like to understand this maze. All responsible and informative responses would be appreciated!!

    As a PS to my above question: What is Greedburg doing with the funds from the sale of AIG stock held by Starr?

    $20 BILLION SEEMS LIKE A LARGE AMOUNT OF MONEY TO ME!!!

 
AIG
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