AIG's general counsel to step down
AIG's general counsel Tom Russo is set to retire from the
insurance giant, which has begun a search for his successor.
Russo joined AIG in 2010 while the insurer was still under
government ownership following its financial crisis bail-out.
He led the company through its negotiations with the US Treasury
and Federal Reserve Bank of New York which ultimately led to the
government and US taxpayer being fully repaid with a profit.
In an internal memo, AIG president and CEO...
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