Topic: American International Group Inc.
American International Group Inc. has put its rail-car unit up for sale, according to a published report.. In a story published on its website Sunday, The Wall Street Journal said the insurance giant is shopping its AIG ( AIG - news - ...
This was exactly what happened with American International Group (AIG) in early 2008 as it announced huge losses in its portfolio of underwritten CDS contracts that it could not afford to pay up on. Despite this apparent mess, the financial markets continued ...
The passage into U.S. law on October 3, 2008, of the $700 billion financial-sector rescue plan is the latest in the long history of U.S. government bailouts that go back to the Panic of 1792, when the federal government bailed out the ...
The campaign of presidential candidate John McCain released a new web ad on September 19, 2008 with the theme " The ad criticized Barack Obama for allegedly being reluctant to take standpoints on important issues, citing the federal government bailout of the ...
For two years, politicians have danced around the nationalization issue, but ForeclosureGate may be the last straw. In January 2009, only a week into Obama's presidency, David Sanger reported in The New York Times that nationalizing the banks was being discussed. Privately, ...
Assistant United States Attorney Neil Barofsky serves as a Special Inspector General for the U.S. Treasury Department in charge of overseeing the Troubled Assets Relief Program (TARP) . Bailout Cop Busy on the Beat In April of 2009, Barofsky told Congress his ...
The Federal Reserve bailed out troubled insurance company American International Group (AIG) with an $85 billion loan on September 16 , 2008. Feds give AIG $30 billion more (March 2, 2009) In the first week of April 2009, a special inspector general ...
American International Group (AIG) is one of the world's largest insurance and financial services firms, with operations in more than 130 countries. A.I.G. Bonuses Strike a Nerve Like Few Other Topics (March 17, 2009) In a letter to lawmakers on March 17 ...
American International Group posted a huge loss for its third quarter today. ( AIG - news - people ) said its adjusted loss totaled $200 million, or $1.47 per share. AIG got nearly $40 billion closer to its goal this week, when ...
AIG said it took 4.5 billion dollars in restructuring-related charges, including the sale of assets to raise money to pay back aid from the Federal Reserve Bank of New York (FRBNY).The government-controlled company had posted a net profit of 455 million dollars ...