Buffett should pick up AIG: KBW
The resignation of AIG boss Peter Hancock was just the latest
twist for the US insurance giant over recent weeks, but Keefe
Bruyette & Woods (KBW) analysts led by Meyer Shields think they
have the solution to its challenges: Warren Buffett.
In a research note released today, Shields and colleagues
recommended that Buffett's Berkshire Hathaway buy the
beleaguered firm and put it under Peter Eastwood who cut his teeth
as CEO of AIG's American property and casualty division before
joining...
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