Former AIG CEO Robert Benmosche Has Died At 70

Robert Benmosche, a former CEO and president of insurance giant AIG, has died at NYU Langone Medical Center in New York. The company announced his passing in a statement Friday afternoon. Benmosche, who was 70, had been in treatment for lung cancer since 2010. He came to AIG in August 2009, after the troubled company took $182 billion in bailout loans from the Federal Reserve in the midst of the financial crisis. He presided over a steady turnaround at the company, which made its final repayment...