AIG And Berkshire Hathaway Had Secret Non-Compete Agreement

24SepSeptember 24, 2014

AIG And Berkshire Hathaway Had Secret Non-Compete Agreement

Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) and American International Group Inc (NYSE:AIG) had a secret non-compete agreement in place over hiring employees for a year that has now ended, according to a recent Bloomberg TV interview.
AIG threatened legal action against Berkshire Hathaway
The interview revealed that American International Group Inc (NYSE:AIG) threatened legal action in order to encourage . . .

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Author

Mark Melin

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

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