A handful of senior executives working within American International Group Inc’s controversial financial products unit have resigned, said a company spokeswoman late on Monday.
The division is at the heart of the financial problems that brought AIG to the brink of bankruptcy last September, saved only by a taxpayer bailout that has now swelled to as much as $180 billion.
The spokeswoman declined to specify the exact number of resignations, noting they were expected to be “manageable,” and said there were indications that more will follow.
Hmm.