AIG CEO Liddy to Leave Embattled Firm

Edward Liddy, chairman and chief executive of AIG, the embattled insurance company that is now largely government-owned, will step down as soon as he can be replaced, the company said today. There will be two replacements for Liddy because AIG's board accepted his recommendation to separate the role of chairman and CEO. Liddy took on his role at AIG in September at the height of the financial crisis, when he was picked for the position by the federal government, which is now the largest...Full Story
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