AIG Filings: $12 Billion Exposure To More Losses
AIG, the insurer controlled by the US government, still faces billions of dollars in potential losses on credit guarantees it provided for complex sub...
AIG, the insurer controlled by the US government, still faces billions of dollars in potential losses on credit guarantees it provided for complex sub...
Don McNay | Posted 04.03.2009 | Business
Citigroup and AIG employ thousands of good people. But they have had rotten apples in leadership. They created a culture that is probably impossible to change or fix.
New York Times | ANDREW ROSS SORKIN | Posted 04.03.2009 | Business
One of the biggest worries, besides the considerable collateral damage to the banking system, is a risk that most people aren't talking about, perhaps...
Wall Street Journal | MATTHEW KARNITSCHNIG and LIAM PLEVEN | Posted 04.01.2009 | Business
Major credit rating agencies have signed off on the latest revamp of American International Group Inc.'s $150 billion government rescue package, peopl...
New York Times | Posted 12.12.2008 | Business
The American International Group has become a money pit for the United States government, Breakingviews says. The insurance giant's new $150 billion ...
AP | JEANNINE AVERSA | Posted 12.11.2008 | Business
WASHINGTON — In a record bailout of a private company, the government on Monday provided a new $150 billion financial-rescue package to troubled...
Financial Times | Henny Sender | Posted 04.04.2009 | Business