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Edward Liddy

AIG: $90 Billion Bailout Funds Went To Foreign, Domestic Banks, Including Some Bailout Recipients

AP | JENNIFER MALLOY ZONNAS | Posted 04.16.2009 | Business

Read More: AIG Bailout, Aig, American International Group, Aig Outrage, Aig $90 Billion, Aig Outrage Lawmakers, Aig Bailout Funds, Edward Liddy, Bailout Outrage, Business News

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...

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Lifting the Tarp: Will President Obama's Economic Team Lead Him Off a Cliff?

Robert Kuttner | Posted 04.15.2009 | Politics

Read More: Federal Bailouts, Bailout Bandits, Economy, Aig Bonuses, Financial Crisis, Larry Summers, Aig, Aig Federal Bailouts, Bonuses, Wall Street Bonuses, Tim Geithner, Bank Bonuses, Recession, AIG Scandal, Edward Liddy, Politics News
Robert Kuttner

The outrage over the AIG bonuses is a sideshow. The larger problem, both financially and politically, is the entire strategy for rescuing the banks. Obama needs to get a second opinion.

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Romer: "We're Pursuing Every Legal Means" To Undo AIG Bonuses

Huffington Post/Fox News/CNN | Marcus Baram | Posted 04.15.2009 | Politics

Read More: Government Funded Outrage, Aig Bonuses, Aig Outrage Lawmakers, Pelosi AIG, Austan Goolsbee, Mitch McConnell, Bonuses Aig, Aig Outrage, Barney Frank, Feingold AIG, Larry Summers, Taxpayer Money, Edward Liddy, Bonus Outrage, Politics News

A growing bipartisan chorus of lawmakers is condemning insurance giant AIG for deciding to pay out $165 million in bonuses despite receiving $170 bill...

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AIG Execs Who Ruined Company To Get $165 Million In Bonuses

AP | MARTIN CRUTSINGER | Posted 04.14.2009 | Business

Read More: Federal Bailouts, Bailout Bandits, Aig Bonuses, Economy, Aig, Financial Crisis, Aig Federal Bailouts, Bank Bonuses, Recession, Edward Liddy, Bonus Outrage, Business News

WASHINGTON — American International Group is giving executives in its most troubled business unit tens of millions of dollars in new bonuses eve...

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Compared to AIG? He's Doing Better All the Time!

Rick Horowitz | Posted 04.03.2009 | Business

Read More: Hank Paulson, Larry Summers, Obama Administration, A.I.G., American International Group, Bailout, TARP Money, Barack Obama, Lawrence Summers, Maurice Greenberg, Aig, Wall Street, Tim Geithner, Bush Administration, Henry Paulson, Timothy Geithner, Edward Liddy, Tarp, Department of Treasury, Business News
Rick Horowitz

I don't want to sound like I'm bragging or anything, but I thought you ought to know: In the last quarter of 2008, I outperformed AIG by 61 billion dollars.

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AIG's Liddy, Greenberg Locked In Battle

Huffington Post | Julie Satow | Posted 04.03.2009 | Business

Read More: Edward Liddy AIG, Maurice "Hank" Greenberg, Hank Greenberg Lawsuit, AIG Bailout, Aig, Aig Hank Greenberg, Greenberg Lawsuit, Aig Edward Liddy, Aig Liddy Greenberg, Hank Greenberg, Aig Greenberg Liddy, Video, Hank Greenberg Aig, Edward Liddy, Business News

Even as AIG posts its largest quarterly loss in the history of Wall Street, and announced it was accepting another $30 billion government infusion, th...

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Hank Greenberg: AIG Perpetrated Fraud

Bloomberg | David Glovin and Joel Rosenblatt | Posted 04.03.2009 | Business

Read More: Edward Liddy AIG, Aig, Maurice "Hank" Greenberg, Edward Liddy Hank Greenberg, Liddy AIG, Liddy Greenberg, Hank Greenberg, AIG Bailout, Edward Liddy, Business News

March 3 (Bloomberg) -- Former American International Group Inc. Chief Executive Officer Maurice "Hank" Greenberg accused the insurer in a lawsuit of s...

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Edward Liddy, Come Back to Earth

Rep. Elijah Cummings | Posted 04.02.2009 | Business

Read More: Elijah Cummings, Aig, Bailout Money, Bailout, TARP Money, Elijah Cummings Aig, Edward Liddy, Obama Tarp Money, Business News
Rep. Elijah Cummings

There are still too many unanswered questions about how AIG spent its first portion of TARP assistance. We cannot allow the pattern of deception by this company to continue.

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AIG Quarterly Loss Is $61.7 Billion: Biggest Loss In US Corporate History

AP | IEVA M. AUGSTUMS | Posted 04.02.2009 | Business

Read More: AIG Bailout, AIG Quarterly Earnings, AIG and Market, AIG Quarterly Loss, American International Group, AIG Loss, Edward Liddy, Business News

CHARLOTTE, N.C. — American International Group Inc., once the world's largest insurer, said Monday it lost $61.7 billion in the fourth quarter, ...

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AIG Offering Executives Bonuses Topping $4 Million

Bloomberg | Hugh Son | Posted 02.02.2009 | Business

Read More: Bailout Bandits, Wall Street, Economic Crisis, Financial Crisis, Aig, American International Group, Edward Liddy, Business News

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

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AIG Reduces CEO's Annual Salary To $1

Reuters | Posted 12.26.2008 | Business

Read More: AIG Bailout, Aig, AIG Executive Pay, AIG CEO, Edward Liddy, Business News

American International Group Inc Chief Executive Edward Liddy will receive $1 in salary this year and next, and there will be no 2008 bonuses for the ...

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AIG Chief Not Getting Paid Much This Year

Dealbreaker | Posted by Bess Levin, Nov 25, 2008, 11:24am | Posted 12.26.2008 | Business

Read More: Edward Liddy Pay, AIG Corporate Pay, Aig, Edward Liddy Salary, Edward Liddy, Business News

But! Despite only receiving an annual base salary of $1 for 2008 and 2009, and no bonus for either year, Edward Liddy will be "eligible for a special ...

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

AP | DAVID B. CARUSO | Posted 12.19.2008 | Business

Read More: Aig, AIG Executives, Andrew Cuomo, American International Group, Edward Liddy, Business News

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

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AIG May Need More Money, Says Chief

DealBook | Posted 11.23.2008 | Business

Read More: AIG Bailout, Federal Reserve, Aig, Finance, Economy, Edward Liddy, Business News

American International Group may need even more money than the $122.8 billion that the federal government is loaning the company to avoid collapse, ac...

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AIG Freezing Severance Payments To Former Execs

Reuters | Lilla Zuill | Posted 11.22.2008 | Business

Read More: AIG Bailout, Aig, American International Group, AIG Executives, Edward Liddy, Business News

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...

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Cramer Vs. AIG: "Mad Money" Man Attacks AIG Employees, Apologizes

Business Sheet | Jay Yarrow | Posted 11.21.2008 | Business

Read More: AIG Employees, Aig, Cramer Apology, Hound Them AIG, Cramer vs. AIG, Cramer AIG Comments, Jim Cramer, Edward Liddy, Business News

After Jim Cramer implored his viewers to hound AIG employees last Thursday, he's seen the error of his ways. On last night's show, before the news bro...

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