AIG Questioned Over Plan To Sell Assets
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...
Aig Hearing
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EX-AIG CEO Maurice Greenberg Says AIG Problems Not His Fault, Bailout Failed
AP | DANIEL WAGNER | Posted 05.03.2009 | Business
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WASHINGTON — The man who built insurance giant American International Group Inc. from a startup to a global behemoth said he didn't mismanage th...
Connecticut Lawmakers Hold Hearing On AIG Bonuses
AP | SUSAN HAIGH | Posted 04.26.2009 | Business
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HARTFORD, Conn. — An executive of American International Group Inc. faced Connecticut lawmakers Thursday and defended $165 million in bonuses, s...
Dodd: Treasury Officials Insisted On Weakening Bonus Provision
HuffingtonPost.com | Sam Stein | Posted 04.18.2009 | Politics
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The Treasury Department demanded that Sen. Chris Dodd insert exemptions into the stimulus bill that allowed bailout recipients to receive bonuses, the...
AIG Won't Release Names Of Executives, Citing Death Threats
HuffingtonPost.com | Ryan Grim | Posted 04.18.2009 | Politics
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Members of a congressional panel interrogating AIG CEO Edward Liddy on Wednesday repeatedly asked that he release the names of executives who were on ...
Obama On AIG: "The Buck Stops With Me" (VIDEO)
AP | JENNIFER LOVEN | Posted 04.18.2009 | Politics
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WASHINGTON — President Barack Obama said Wednesday no one in his administration created the mess at insurance giant AIG, including the much-mali...
AIG Anticipated Major Losses And Rigged Bonuses: Frank
HuffingtonPost.com | Ryan Grim | Posted 04.18.2009 | Politics
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The contracts that AIG executives have cited as justification for bonus payments insured that they would receive the money regardless of massive losse...
AIG CEO says employees starting to return bonuses
AP | JIM KUHNHENN and TOM RAUM | Posted 04.18.2009 | Politics
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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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AP | Posted 06.13.2009 | Business