Exclusive with AIG CEO Robert Benmosche

AIG landed in the spotlight Thursday after the beleaguered company posted earnings that left some investors scratching their heads.

By the numbers the company earned more than $11 billion in the fourth quarter as one-time gains for asset sales offset charges to increase its reserves for asbestos and other exposures.

However, after stripping out the asset sales, AIG lost $2.2 billion in the quarter.

According to CNBC’s Kate Kelly, there is a great deal of focus on a number of charges that the company is taking.

”They had pre-announced a $4.1 billion charge related to property and casualty claims. They said it was largely before 2006 but apparently it also impacted years after 2006 and some analysts are now concerned it affects the integrity of the earnings,” says Kelly.

Kelly spoke with CEO Robert H. Benmosche in an exclusive interview and asked what all this would mean for the company’s re-IPO, the much touted stock offering intended to take place as early as May.

Check out what he had to say. Watch the video now!







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Trader disclosure: On Feb 24, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Seymour owns (AAPL); Seymour owns (BAC); Seymour owns (F); Seymour owns (FCX); Seymour owns (GE); Seymour's firm owns (GM); Seymour's firm owns (PBR); Adami Owns (AGU); Adami Owns (C); Adami Owns (GS); Adami Owns (INTC); Adami Owns (MSFT); Adami Owns (NUE); Adami Owns (BTU); Adami's wife works for (MRK); Finerman's Firm Is Short (IWM); Finerman's Firm Is Short (SPY); Finerman's Firm Is Short (MDY); Finerman's firm is short (XRT); Finerman's firm is short (IJR); Finerman's Firm Is Long S&P Puts; Finerman's Firm Is Long Russell 2000 Puts; Finerman's Firm And Finerman Own (AAPL); Finerman's firm owns (AVP); Finerman's Firm Owns (BAC) Leap, Finerman Owns (BAC); Finerman's Firm Owns (BBY); Finerman's Firm And Finerman Own (BP); Finerman owns (DECK); Finerman's firm owns (FCX) puts; Finerman Owns (GOOG); Finerman's Firm And Finerman Own (HPQ); Finerman's Firm Owns (IBM); Finerman's Firm Owns (JPM), (JPM) Leap; Finerman Owns (JPM); Finerman's Firm Owns (M); Finerman's Firm And Finerman Own (MSFT); Finerman's Firm Owns (WMT); Terranova Owns (VRTS); Terranova Owns (C); Terranova Owns (UPL); Terranova Owns (ABT); Terranova Owns (MS); Terranova owns (TEVA); Terranova Owns (BAX); Terranova Owns (CVI); Terranova Owns (RSX); Terranova Owns (SU); Terranova Owns (CNQ)


For Joe Terranova
Terranova is Chief Market Strategist of Virtus Investment Partners, LTD
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For Brian Kelly
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Accounts Managed By Kanundrum Capital Own T-Bond Futures
Accounts Managed By Kanundrum Capital Are Long the Euro
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Accounts Managed By Kanundrum Capital Are Long Corn
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Accounts Managed By Kanundrum Capital Are Short the U.S. Dollar
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Accounts Managed By Kanundrum Capital Are Short the Yen

For Joe LaVorgna
LaVorgna has no disclosures

Reggie Middleton
Middleton owns (GOOG)

For Amerlia Bourdeau
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Fast Fire SOT
Seymour's firm owned (TTM) on 2/18/2011

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