AIG announces former AmEx CEO as new chairman, 2Q results Friday

Amid its ongoing restructuring and management shuffle, American International Group Inc. is about to provide some insight into how much it has recovered since it almost collapsed a year ago...

The insurer, which is now 80 percent owned by the U.S. government, reports its second-quarter results Friday. It has been working toward repaying government loans by selling assets and preparing to spin off others. Analysts say progress on those efforts as well as the insurer's ability to retain or attract customers for its insurance units will be the keys to whether the quarter is considered a relative success...

LA Times: AIG announces former AmEx CEO as new chairman, 2Q results Friday
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