There are no two ways around it, AIG was a disaster during the financial crisis. But that was then.
Since then, the company has cleaned up its act, thanks in no small part to current CEO Robert Benmosche. In the past couple of weeks in particular, AIG has been making some big moves that should help the company continue getting back on the right foot. The most recent? Deciding to sell the remaining $6 billion-plus stake in Asian insurer AIA.
In the video below, Matt Koppenheffer discusses what this all means for AIG investors.
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The article More Smooth Moves at AIG originally appeared on Fool.com.
Fool contributor Matt Koppenheffer has no positions in the stocks mentioned above. The Motley Fool owns shares of American International Group and has the following options: long JAN 2014 $25.00 calls on American International Group. Motley Fool newsletter services recommend American International Group. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.