AIG CEO Knows His Company Is Worthless

"There is no easy way to make this company valuable."
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Worth maybe a buck three eighty.

Peter Hancock also knows there’s nothing he—or Carl Icahn—can do about it.

“There is no easy way to make this company valuable. There are no shortcuts,” Mr. Hancock said in an interview.

For AIG’s Hancock, a Dance at the Activists’ Ball [WSJ]

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