Topic: American International Group Inc.
Editors Note: This story has been updated as of 11:15 a.m. That seems like a lot of dilution, but the situation could have been worse for AIG ..
WASHINGTON (Reuters) - The U.S. financial bailout would cost less than $50 billion, slashing a prior estimate by more than half on the back of a new plan to sell the government's stake in insurer American International Group, the Obama administration said ...
Troubled US insurer American International Group said Thursday it had reached a deal to repay a multibillion-dollar" class="inform">dollar taxpayer bailout received at the height of the global financial crisis.AIG said it would pay back 20 billion dollars owed to the Federal Reserve ...
Troubled US insurer American International Group (AIG) said Thursday it reached a deal to repay a multi-billion-dollar" class="inform">dollar taxpayer bailout received at the height of the global financial crisis.AIG said it would pay back 20 billion dollars owed to the Federal Reserve ...
American International Group Inc. (AIG) Chairman Steve Miller said the company's board of directors is nearing completion of a plan that will allow the bailed-out insurer to repay the government, and could lead to the U.S. realizing a "significant profit" on its ...
NEW YORK (Reuters) - The Obama administration hopes to announce by next week a plan to end its support of insurance giant American International Group Inc, the New York Times reported on Tuesday, quoting unnamed sources.That announcement would come ahead of the ...
Reports: AIG near plan to repay bailout, exit from government's majority stakePublished reports say American International Group Inc. is in accelerated talks on a plan to pay back its taxpayer debt and reduce the government's majority stake in the insurance giant.The Wall ...
PHILADELPHIA (Reuters) - The Treasury Department may unveil plans by Wednesday to return American International Group Inc to independence, Bloomberg reported on Sunday.The plans may be unveiled as early as this week, but the exact timing of an announcement depends on the ...
The TARP bailout program can no longer lend any more funds to banks as of October 3, 2010 - two years after it was launched in response to the money market meltdown of September 19, 2008. Treasury Secretary Geithner said he will ...
I seem to be the only blogger talking about this, which makes me think either I am ahead of the curve, or more likely making a bonehead error. Last time I wrote on this subject, the eventual cost to the government from ...
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