In the Margins
Paulson & Co. founder John Paulson is planning to step down from American International Group’s board after his hedge fund sold shares in the insurer, according to a person familiar with the plan. Paulson’s planned exit will remove one of the board’s more prominent advocates for shrinking the company. Paulson had proposed splitting AIG into three separate companies, a plan that won support from billionaire Carl Icahn. Read the original story from Bloomberg.
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