American International Group Inc (AIG): Did Berkshire Hathaway Inc. (BRK.A)’s Poaching Just Send The Insurer Back Into the Abyss?

If you note the timing of this news, it’s easy to guess that these executives stayed with AIG throughout the resolution of the bailout and now think it’s an appropriate time to seek new positions since the company has paid off all of the governmental money. In that case, their loyalty to the cause is admirable and gives them every right to leave without there being an underlying problem. But since there hasn’t been any formal comment, there is little support that will keep investors on that track of thinking.

Looking forward
As a long-term investor, whether you hold AIG stock now or are thinking about buying some shares, keep in mind that you should really focus on whether this will effect the fundamentals of the company. With established operations, there may be little change with new management, or a new leader could step up and change things for the better (or worse). This is where you have to decide what’s important to you and your portfolio. AIG will be reporting its first-quarter earnings on Thursday, so keep and ear out for whether the company discusses any of the recent personnel moves and how American International Group Inc (NYSE:AIG) will move forward.

The article Did Berkshire’s Poaching Just Send AIG Back Into the Abyss? originally appeared on Fool.com and is written by Jessica Alling.

Fool contributor Jessica Alling has no position in any stocks mentioned — you can contact her here. The Motley Fool recommends and owns shares of AIG and Berkshire Hathaway and has options on AIG.

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