Tuesday, November 24, 2009

BEANMUSH COMMITTED


BANZAI7 NEWS--Robert Beanmush, chief executive of American International Group Inc., signed a noncompete agreement in a sign he needs to be committed.

Mr. Beanmush "needs to be committed for leading this company as CEO until the job is done," AIG Chairman Harvey Golub said in an interview following a board meeting on Tuesday. "The board is very satisfied that his commitment will be real real and heartfelt." "We don't want Mr. Beanmush to quit only to be rehired by Hank Greenberg."

Exactly what heartfelt job are we talking about? Repaying the US Government, maximizing returns for AIG's employees or care taking a Croatian Outhouse?

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