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...
New York Times | Steven M. Davidoff | Posted 05.23.2009 | Business
We are now about a month past the bonus backlash at the American International Group. It was on March 16 that President Obama said he had asked Treasu...
Bloomberg | Hugh Son | Posted 05.08.2009 | Home
April 7 (Bloomberg) -- American International Group Inc.'s payments to banks including Goldman Sachs Group Inc. after the insurer's bailout are being ...
HuffingtonPost.com | Ryan Grim | Posted 05.04.2009 | Politics
Neil Barofsky, the inspector general overseeing the financial bailout, launched an audit of American International Group on Thursday. Barofsky informe...
Rick Horowitz | Posted 04.24.2009 | Business
What if the regulators were better rewarded for their efforts? Much better rewarded? What if they could keep some hefty percentage of the proceeds of every scam they uncovered, every scheme they shut down?
The Huffington Post | Stuart Whatley | Posted 04.24.2009 | Politics
Despite a wounded economy and public furor aimed at Wall Street, a new CBS poll finds President Obama's approval rating has actually gone up. Sixty-f...
Huffington Post | Julie Satow | Posted 04.23.2009 | Business
American International Group is ridding itself of its infamous moniker. While it remains to be seen whether the move will distance the insurer from ...
Stuart Whatley | Posted 04.23.2009 | Politics
Such knee-jerk populist rage is precisely what gave populist rage a bad name in the first place, whereby a valid democratic outlook is construed as nothing more than an angry-mob uprising.
The Huffington Post | Rachel Weiner | Posted 04.23.2009 | Politics
Americans are angry about AIG, and they want the government to stop the bailed-out firm's executives from getting bonuses. But according to a new USA ...
Joseph A. Palermo | Posted 04.23.2009 | Business
For years unbridled capitalism has beat down and bloodied the working middle class in this country. Those chickens are now coming home to roost.
Reuters | Posted 04.21.2009 | Business
Documents turned over to the Connecticut attorney general show that American International Group Inc paid out over $218 million in bonuses, more than ...
Rick Horowitz | Posted 04.19.2009 | Politics
Let us suggest, Mr. President, that one man's "outrage" is another man's vacation home. And what some call "greed," others recognize as the lubricant that turns the wheels of commerce.
Leo W. Gerard | Posted 04.19.2009 | Business
AIG Chairman Edward M. Liddy gets the Creep of the Week award for his stunning, overwhelming, dumbfounding display of cluelessness.
Francine Hardaway | Posted 04.18.2009 | Politics
This poor dude Liddy, who retired from Allstate and came back to run AIG and be a hero for his country. I bet he's really sorry now. I'm listening to...
Sally Kohn | Posted 04.17.2009 | Politics
7. Michelle Obama is donating her sleeves to recent business school grads. 6. Wal-Mart is outsourcing its union busting to Sri Lanka.
Steve Parker | Posted 04.17.2009 | Business
Why does Detroit get only 10% of what the banks and Wall Street have been loaned?
AP | PHILIP ELLIOTT | Posted 04.17.2009 | Business
WASHINGTON — The Obama administration says it's trying to put strict limits on the next $30 billion installment in taxpayers' money for insuranc...
gregmankiw.blogspot.com | Greg Mankiw | Posted 04.16.2009 | Home
I wonder: Is Larry privately opposed to the cramdown proposal as an abrogation of contract? (Of course, even if he is, he is too much of a team player...
AP | JENNIFER MALLOY ZONNAS | Posted 04.16.2009 | Business
NEW YORK — American International Group Inc. used more than $90 billion in federal aid to pay out foreign and domestic banks, some of whom had r...
Financial Times | Henny Sender | Posted 04.04.2009 | Business
AIG, the insurer controlled by the US government, still faces billions of dollars in potential losses on credit guarantees it provided for complex sub...
Wcia 2009 | Posted 07.23.2009 | Business