telling The Wall Street Journal
from Commentaries:,Air Jordan Pas Cher
It's time for someone in the Obama administration to read the riot act to Robert Benmosche,Doudounes Moncler, American International Group's new $7 million chief executive.
Since getting the job,doudoune moncler pas cher, Benmosche has spent more time at his lavish Croatian villa on the Adriatic coast than at the troubled insurer's corporate offices in New York.
And in the short term,moncler pas cher, Benmosche's vacation strategy appears to be paying dividends.
This week,Air Jordan, AIG's shares surged 44 percent,doudoune moncler homme, to nearly $50,doudoune moncler, after Benmosche said that he intended to move slower than his predecessor in selling off AIG's still viable divisions.
Maybe Benmosche should consider relocating AIG's headquarters to Dubrovnik.
But the big run-up in AIG shares is merely a sideshow for momentum players, speculators and Hank Greenberg,Doudoune Moncler Pas Cher, the former AIG chieftain who controls about 11 percent of the company's outstanding shares.
The reality is that AIG exists today only because of the $180 billion lifeline the insurer has received from the federal government. Even Benmosche acknowledges that,air jordan, telling The Wall Street Journal: "If the U.S. government doesn't continue to support AIG,Moncler, we will fail."
Robert Benmosche's vacation act is getting stale. It's time for Washington to get tough with AIG and its new chief executive officer.