Carl Icahn: I See 'Eye-to-Eye' With AIG's CEO

The transcript discusses AIG's strategic plan, including asset sales and buybacks, with support for Peter Hancock's leadership. It covers board dynamics, the potential breakup of AIG, and the sale of legacy assets. The conversation also touches on the SIFI designation and its implications for AIG.

What was the main focus of AIG's strategic plan discussed in the first section?

• Increasing employee benefits

• Acquiring new machinery

• Selling United Guaranty for $3.5 billion

• Expanding into new markets

What is the speaker's view on buybacks for companies?

• Buybacks are unnecessary for any company

• Only companies with excess cash should consider buybacks

• Buybacks should be avoided at all costs

• All companies should do buybacks

How did the speaker's interaction with eBay influence its corporate strategy?

• eBay stopped selling assets

• eBay increased its workforce

• eBay split up, leading to the success of PayPal

• eBay decided to merge with another company

What does the speaker suggest AIG should do with its legacy assets?

• Ignore them

• Expand them into new markets

• Invest more in them

• Sell them to improve financial ratios

What limitation does the speaker mention regarding board discussions?

• They cannot discuss board matters publicly

• They can freely discuss all board matters

• They are encouraged to share board insights

• They must disclose all board decisions