Dimon, Gorman, Moynihan pitch for AIG share sale

Ben Berkowitz
Reuters
January 14, 2011

NEW YORK (Reuters) – Some of the United States’ top bankers descended on a law firm in midtown Manhattan on Thursday to make a pitch for managing what could be one of the largest share sales in history — a secondary offering for bailed-out insurer American International Group Inc.

JPMorgan Chief Executive Jamie Dimon was among the executives attending the meeting. Dimon entered the building of law firm Davis Polk & Wardwell LLP just after 9:30 a.m. EST (1430 GMT) in New York. Asked how the meeting went as he left, Dimon laughed and said: “How’d what go?”

Morgan Stanley CEO James Gorman left the building shortly after Dimon’s arrival. The bankers on Gorman’s team were carrying thick blue folders emblazoned with the U.S. flag. One of Gorman’s colleagues carried a bag full of folders.

Gorman also declined to comment.

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This article was posted: Friday, January 14, 2011 at 9:45 am

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