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Robert Benmosche
Today is a big day for AIG as it finally was able to unload its aircraft leasing company ILFC to AerCap Holdings (AER).  AIG is getting about $3 billion in cash and now the company will get about a 46% stake in the combined company.  AER is up big today on the deal, which benefits...
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Below is our most recent research report on AIG.  The stock sold off a little bit after earnings results but is still highly attractive in our estimation.     http://seekingalpha.com/article/1829992-ignore-wall-street-analysts-aig-is-still-a-compelling-value
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It’s good to see AIG getting back into Real Estate while collateral values are still low.  This is a company that has a huge amount of float that they need to invest so they must remain disciplined and diversified.  Before their CEO Robert Benmosche took over AIG was winding down everything under pressure from the...
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AIG CEO Robert Benmosche continues to show his leadership stripes by looking to get more aggressive into the mortgage market.  In this FT article Benmosche suggests that the company is looking to buy the mortgages that their subsidiary United Guaranty Corp is insuring.  United Guaranty has modified risk based pricing and is reviewing each loan...
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I’ve said it before and I’ll say it again that I really have a tremendous amount of confidence in Robert Benmosche.  He strikes me as honest, hard working, and he has a strong track record which is what matters.  In this transcript he outlines exactly where the opportunity is for AIG.  He flat out says...
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Today Treasury announced that they will be selling $6 Billion of AIG stock, and AIG announced that they will be buying up to $3 Billion of it.  This is enormously accretive to AIG shareholders being that if AIG were to pay $29 a share from Treasury, they would be purchasing their own stock at 52%...
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