American International Group

AIG Facing Possible Breakup

AP | IEVA M. AUGSTUMS | Posted 03.30.2009 | Business


CHARLOTTE, N.C. — Nearly six months after American International Group Inc. got its first massive bailout from the government, it's still stumbl...

Hank Greenberg To Battle AIG In Court

New York Post | Paul Tharp | Posted 03.06.2009 | Business


Hank Greenberg will finally get his day in court. The founder and former chairman of American International Group is set to duke it out March 2 with ...

AIG Offering Executives Bonuses Topping $4 Million

Bloomberg | Hugh Son | Posted 02.02.2009 | Business


American International Group Inc., the insurer whose bonuses and perks are under fire from U.S. lawmakers, offered cash awards to another 38 executive...

AIG Gets $40 Billion Injection From Treasury

Reuters | Posted 12.26.2008 | Business


American International Group Inc says it has completed completed a $40 billion preferred stock sale to the U.S. Department of Treasury under TARP. ...

NY Attorney General Cuomo Asks AIG To Reveal Plans For Executive Pay

AP | DAVID B. CARUSO | Posted 12.19.2008 | Business


NEW YORK — New York Attorney General Andrew Cuomo on Tuesday asked troubled insurance giant American International Group to reveal whether it in...

AIG reportedly near deal on new government bailout

AP | Posted 12.10.2008 | Business


NEW YORK — American International Group Inc. late Sunday was reportedly near a deal for a revised bailout package from the U.S. government that ...

AIG Woes To Cost RTA Millions

AP | Posted 04.17.2009 | Chicago


CHICAGO -- The Regional Transportation Authority is among about 30 transit agencies around the nation that could be on the hook for millions of dollar...

AIG Freezing Severance Payments To Former Execs

Reuters | Lilla Zuill | Posted 11.22.2008 | Business


Troubled insurer American International Group Inc will freeze payments to a former CEO and officers of the unit that was the main source of its financ...

A.I.G To Help NY Atty General Recover Millions In Executive Pay

New York Times | Andrew Ross Sorkin | Posted 11.16.2008 | Business


American International Group agreed Thursday to help the New York State attorney general's office recover tens of millions of dollars in improper expe...

The FBI to the Rescue

ProPublica | Posted 10.25.2008 | Business


ProPublica

The FBI is probing four of the stricken companies at the center of the current financial crisis, but the reason for the haziness is abundantly clear: they don't seem to have a clear indication that a crime might have been committed.

AIG's Key Credit Ratings Downgraded

Financial Times | Posted 10.16.2008 | Business


AIG, the troubled insurer that sits at the heart of the financial system, on Monday had its key credit ratings cut, potentially triggering billions of...

AIG Reports $7.8 Billion Loss

CNNMoney | Ben Rooney | Posted 05.16.2008 | Business


American International Group Inc., the nation's largest insurer, reported losses of nearly $7.81 billion for its fiscal first quarter and said it woul...

Insurer AIG Posts $5.3B Loss in 4Q

AP | DAN SEYMOUR | Posted 03.28.2008 | Business


NEW YORK — American International Group Inc., the largest insurer in the U.S., lost more than $5 billion in the fourth quarter as bad credit ate...

AIG Hammered By Credit Crunch

Wall Street Journal | Liam Pleven | Posted 03.28.2008 | Business


The credit crunch hit American International Group Inc. with brute force, as the global insurer reported a $5.3 billion fourth-quarter loss largely be...

AIG's Debt Problems Could Land CEO In Hot Water

CNBC | Charlie Gasparino | Posted 03.28.2008 | Business


American International Group's disclosure that its losses from risky debt may be billions of dollars more than previously reported could eventually pu...

Wanted: "Imported" CEOs For Growing U.S. Growth Abroad

New York TImes | Louise Story | Posted 03.28.2008 | Business


The corner offices of corporate America are increasingly being filled from every corner of the world. Citigroup, the world's largest bank, named Vikr...

Buffett May Be Defense Witness In AIG Fraud Case

CNBC | Charlie Gasparino | Posted 03.28.2008 | Business


Billionaire investor Warren Buffett, slated to be called as a prosecution witness in the criminal fraud trial against five executives for allegedly he...