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Politics

: PR Watch

AIG: Corporate Welfare King Mouths Off

By Mary Bottari

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PR Watch Op-Ed -- Most Americans know American International Group (AIG) as the global insurance behemoth that was so criminally and recklessly managed it had an outsized role in tanking the global economy.

Rather than feeling a bit humble for wreaking havoc on the lives of millions, AIG's new management is feeling rather cocky. Apparently AIG CEO Robert Benmosche has figured out the magic formula for selling insurance. Benmosche told Bloomberg News that he likes to do business in "red states" where the firm signs up more reliable customers than those in "more liberal" areas.

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Full post as published by PR Watch on February 09, 2011 (boomark / email).

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