There is a wrong way to take over

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AIG’s strategy, as outlined by Chief Executive Edward Liddy in the last week, is to sell off pieces of AIG. He can’t do this with its current image problem. So AIG is changing the name of its AIG Direct unit (a competitor of GEICO) back to its old handle of “21st Century.” AIU Holdings is the name of its global property casualty unit, which operates in Hong Kong and the Far East.

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