Greenberg: Sale of AIG assets could raise $20bn
AIG could raise $20bn if it sold some of its assets, said former president and chief executive Hank Greenberg on a US TV interview today.
Speaking to CNBC, Greenberg recommended that AIG’s reinsurer Transatlantic Re, parts of the US domestic life insurance company, the asset management arm and plane leasing company ILFC all be sold.
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