AIG Posts 2nd Consecutive Quarterly Profit
NEW YORK — AIG said Friday it was profitable for the second straight quarter as its core insurance operations continue to stabilize after the co...
NEW YORK — AIG said Friday it was profitable for the second straight quarter as its core insurance operations continue to stabilize after the co...
bloomberg.com | Richard Teitelbaum and Hugh Son | Posted 10.27.2009 | Business
Oct. 27 (Bloomberg) -- In the months leading up to the September 2008 collapse of giant insurer American International Group Inc., Elias Habayeb and h...
Leo W. Gerard | Posted 10.23.2009 | Business
In New York, the oldest and snobbiest financial ventures are called "white shoe" firms. Their arrogance, risky investments and confounding dealing in derivatives threw the rest of us into the Great Recession.
Oct. 6, 2009 | David Goldman, CNNMoney.Com Staff Writer | Posted 10.06.2009 | Business
NEW YORK (CNNMoney.com) -- AIG Chief Executive Robert Benmosche's $10.5 million annual pay package has been formally approved by Obama administration ...
Posted 09.30.2009 | Business
The former AIG exec dubbed "The Man Who Crashed The World" by Vanity Fair is back in the U.S. Reuters broke the news that Joseph Cassano, the form...
nypost.com | Paul Tharp | Posted 09.22.2009 | Business
Hank Greenberg's triumphant return to his beloved American International Group is nearly complete -- making him $588 million richer than he was in the...
AP | BY JEANNINE AVERSA | Posted 09.21.2009 | Business
WASHINGTON — Shares of American International Group Inc. jumped more than 20 percent Monday after the head of the House Committee on Oversight a...
bloomberg.com | Hugh Son and Christine Harper | Posted 09.17.2009 | Business
Sept. 17 (Bloomberg) -- American International Group Inc. Chief Executive Officer Robert Benmosche was rebuffed by the insurer's board after saying he...
ProPublica | T. Christian Miller | Posted 09.16.2009 | Business
WASHINGTON, D.C. -- Congress could save as much as $250 million a year through a sweeping overhaul of the controversial U.S. system to care for civili...
wsj.com | AMIR EFRATI and SUSAN PULLIAM | Posted 09.11.2009 | Business
Federal prosecutors, capping an 18-month investigation, are preparing to impanel a grand jury in Brooklyn, N.Y., to consider an indictment of a former...
Bloomberg | Hugh Son | Posted 10.16.2009 | New York
American International Group Inc. Chief Executive Officer Robert Benmosche told employees that New York Attorney General Andrew Cuomo was "unbelievabl...
Reuters | Adam Tanner | Posted 09.27.2009 | Business
DUBROVNIK, Croatia (Reuters) - Wearing flip-flops, khaki shorts and a green polo shirt, the new chief executive of bailed-out insurer American Interna...
foxbusiness.com | Posted 09.17.2009 | Business
SAN FRANCISCO -- American International Group said Monday that it agreed to pay new Chief Executive Robert Benmosche an annual salary of $7 million. T...
bloomberg.com | Posted 09.12.2009 | Business
Aug. 11 (Bloomberg) -- Robert Benmosche, the chief executive officer of American International Group Inc., plans to spend part of his first month lead...
AP | Joshua Freed, AP Business Writer | Posted 09.07.2009 | Business
American International Group Inc. reported its first quarterly profit since 2007 on Friday, as the company saw stability in some of its businesses. A...
nytimes.com | ERIC DASH | Posted 08.15.2009 | Business
The Justice Department is investigating the role of several major companies in the credit markets, in another indication that the government is intens...
The Huffington Post | Ryan McCarthy | Posted 08.13.2009 | Business
Ok, so we all know the world has changed. The financial markets have been upended, and we're all more than a little chastened by the excesses of the p...
Bloomberg News | Posted 08.09.2009 | Business
American International Group Inc., the insurer bailed out four times by the government, fell the most in nine months after Citigroup Inc. said the fir...
Bloomberg | Posted 08.01.2009 | Home
American International Group Inc., the insurer bailed out by the U.S., has an "excellent chance of repaying the government, outgoing Chief Executive O...
Wcia 2009 | Posted 07.23.2009 | Business
We put AIG's Worst Company in American 2009 award in the mail today. Here is the congratulatory letter that accompanied their prize: Get HuffPost B...
thehill.com | Silla Brush | Posted 07.19.2009 | Business
American International Group (AIG), the insurance firm that has received roughly $180 billion in government support in the financial crisis, is offici...
nytimes.com | MARY WILLIAMS WALSH | Posted 07.16.2009 | Business
The latest act in the drama of the American International Group opens Monday when the ailing insurance giant takes its former chief executive to court...
New York Post | Posted 07.02.2009 | Business
Insurance giant AIG is trying to seize a $490 million charitable endowment -- and claw back $27 million it already awarded to New York charities -- to...
HuffingtonPost.com | Ryan Grim | Posted 06.13.2009 | Business
Edward Liddy, chairman of American International Group, told a congressional oversight panel Wednesday that he did not know if AIG had issued credit d...
CNN | David Goldman | Posted 05.29.2009 | Business
Once a titan in the insurance world, AIG is a shadow of its former self, and experts say the company is likely doomed for failure. That's partly beca...
AP | STEPHEN BERNARD | Posted 11.06.2009 | Business