In this video, analysts Matt Koppenheffer and David Hanson talk about AIG's "superman." AIG was on a rough path heading toward a very steady decline. However, CEO Robert Benmosche stepped in and turned the company around.
Both analysts rate Benmosche highly, as AIG looks quite solid at the moment. AIG's mess could have led the company into a further downfall, but Benmosche's efforts paid off and the company was able to repay most of the government money it got a couple of years back.
David notes that the recovery process could have taken more than 10 years. But Benmosche motivated the employees and brought confidence to the company, and AIG is now an exciting place to work at. Overall, our analysts say, Benmosche has done a fantastic job in saving AIG and getting it back on the right track.
At the end of last year, AIG was the favorite stock among hedge fund managers. Have they identified the next big multibagger, or are the risks facing the insurance giant still too great? In The Motley Fool's premium report on AIG, financials bureau chief Matt Koppenheffer breaks down the key issues that you need to know about if you want to successfully invest in this stock. Simply click here now to claim your copy, and you'll also receive a full year of key updates and expert analysis as news continues to develop.
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