Topic: American International Group Inc.

Summary Box: AIG repaying nearly $4B in federal loans through aircraft unit's debt saleAIG REPAYING UNCLE SAM: American International Group Inc. is paying back nearly $4 billion in federal bailout money with proceeds from a debt sale at its aircraft leasing unit. ...

US bailouts aided foreign firms: watchdog

The US decision to pour billions of taxpayer dollars into the economy likely propped up foreign firms as well as their US counterparts, a Congressional watchdog said Thursday. The Congressional Oversight Panel said firms from Europe to Asia benefited from the 700-billion-dollar ...

Foreign firms helped by U.S. bailouts: panel

WASHINGTON (Reuters) - The U.S. tactic of pouring money into ailing financial firms during the 2007-09 crisis helped many foreign banks whose governments should have shared some of the burden, a report from a congressional watchdog agency said on Thursday. In its ...

Foreign firms helped by U.S. bailouts - panel

WASHINGTON (Reuters) - The U.S. tactic of pouring money into ailing financial firms during the 2007-09 crisis helped many foreign banks whose governments should have shared some of the burden, a report from a congressional watchdog agency said on Thursday. In its ...
Watchdog says US financial rescue had greater impact overseas than foreign bailouts in USThe $700 billion U.S. bailout program launched in response to the global economic meltdown had a far greater impact overseas than other countries' financial rescue plans did on the ...
Insurer AIG expected to post 2Q profit; investors will listen for word on future of Asian unitInsurer American International Group Inc. reports its second-quarter results before the market opens Friday. WHAT TO WATCH FOR: AIG, which received more than $180 billion in ...

Goldman defends its collateral calls to AIG

BANGALORE (Reuters) - Goldman Sachs said that it believed its trades with the bailed out insurer AIG during the financial crisis were accurate and its collateral calls made to AIG were reflective of the conditions in a deteriorated market. In a response ...
Documents detail $4.3B in Goldman Sachs payouts after government's bailout of AIGA new document discloses the list of banks and hedge funds that received $4.3 billion from Goldman Sachs after the government's bailout of AIG — money that ultimately came from taxpayers. ...

Goldman coughs up counterparties on AIG hedge

WASHINGTON (Reuters) - Morgan Stanley , Citigroup and JPMorgan Chase were among banks that sold Goldman Sachs protection against the risk of a collapse of giant insurer American International Group , a source familiar with the matter said on Friday. Goldman Sachs ...

Goldman gives AIG hedging list to investigators: report

(Reuters) - Goldman Sachs Group Inc told U.S. investigators which counterparties it used to hedge the risk that American International Group Inc would fail, Bloomberg said, citing three people with knowledge of the matter. The list was sought by the Congressional Oversight ...
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