May 27, 2012

Edition: U.S.

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Aig Hearing

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Geithner: Bailed Out AIG 'Absolutely' Right To Pay Banks Top Dollar (VIDEO)

Posted 05.25.2011

Read More: Geithner Hering, Bailout, House Committee on Oversight and Government, New York Fed, Financial Crisis, Aig, Banks, Emails, Tim Geithner, Aig Hearing, Video, Business News

Scroll down for video of Geithner's interview with CNBC. Tim Geithner believes that bailed out insurer AIG was "absolutely" right to pay other bailed...

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AIG Questioned Over Plan To Sell Assets

AP | Posted 05.25.2011

Read More: Aig, AIG Assets, Edward Liddy, Aig Hearing, Business News

WASHINGTON — The government-installed head of AIG is telling Congress the insurance giant is selling many of its foreign assets to repay U.S. ta...

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EX-AIG CEO Maurice Greenberg Says AIG Problems Not His Fault, Bailout Failed

AP | DANIEL WAGNER | Posted 05.25.2011

Read More: Aig, Maurice Greenberg, Capitol Hill Testimony, AIG and Maurice Greenberg, AIG Capitol Hill Testimony, AIG and Capitol Hill, Aig Hearing, Business News

WASHINGTON — The man who built insurance giant American International Group Inc. from a startup to a global behemoth said he didn't mismanage th...

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Connecticut Lawmakers Hold Hearing On AIG Bonuses

AP | SUSAN HAIGH | Posted 05.25.2011

Read More: AIG Hearing Connecticut, Aig, Aig Bonuses, Aig Hearing, Hartford-Connecticut, Business News

HARTFORD, Conn. — An executive of American International Group Inc. faced Connecticut lawmakers Thursday and defended $165 million in bonuses, s...

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AIG Anticipated Major Losses And Rigged Bonuses: Frank

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Aig Testimony, Aig Bailoug, Liddy Aig Hearing, Aig, Edward Liddy, Barney Frank, Aig Hearing, Bonus Outrage, Video, Politics News

The contracts that AIG executives have cited as justification for bonus payments insured that they would receive the money regardless of massive losse...

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AIG Won't Release Names Of Executives, Citing Death Threats

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Liddy Hearing, Aig Death Threats, AIG Bailout, Aig, Edward Liddy, Aig Hearing, Bonus Outrage, Video, Politics News

Members of a congressional panel interrogating AIG CEO Edward Liddy on Wednesday repeatedly asked that he release the names of executives who were on ...

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AIG CEO says employees starting to return bonuses

AP | JIM KUHNHENN and TOM RAUM | Posted 05.25.2011

WASHINGTON — Under intense pressure from the Obama administration and Congress, the head of bailed-out insurance giant AIG declared Wednesday th...

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Obama On AIG: "The Buck Stops With Me" (VIDEO)

AP | JENNIFER LOVEN | Posted 05.25.2011

Read More: Geithner, Tim Geithner, Obama, Obama Aig, Obama Aig Anger, Aig Hearing, Obama Aig Hearing, Obama Buck Stops With Me, Obama on Aig, 100 Days, Bonus Outrage, Politics News

WASHINGTON — President Barack Obama said Wednesday no one in his administration created the mess at insurance giant AIG, including the much-mali...

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Dodd: Treasury Officials Insisted On Weakening Bonus Provision

HuffingtonPost.com | Sam Stein | Posted 05.25.2011

Read More: Dodd Aig, Treasury Department, Geithner, AIG Bonus, Ed Liddy, Christopher Dodd, AIG Bailout, Chris Dodd, Timothy Geithner, Edward Liddy, Aig Hearing, Bonus Outrage, Politics News

The Treasury Department demanded that Sen. Chris Dodd insert exemptions into the stimulus bill that allowed bailout recipients to receive bonuses, the...

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