Obama moves to cool anti-AIG ferocity
Barack Obama is trying to dampen a fire he once stoked, urging a more tempered response to public furore over bonuses paid to executives of AIG.
AIG chief takes heat on retention bonuses
Edward M Liddy, chairperson and CEO of AIG, has become the reluctant defender of princely employee bonuses that Congress finds indefensible.
Bernanke defends AIG rescue
United States Federal Reserve chairperson Ben Bernanke on Tuesday defended the government's latest bailout of embattled insurer AIG.
AIG makes history for $62-billion loss in 92 days
American International Group lost $62-billion in just 92 days. That's nearly $470Â 000 a minute. And it's more money than Bill Gates's net worth.
Wall Street heads for another big drop
Wall Street headed for a big drop on Monday, one that could hurl the Dow Jones industrials below 7 000, after AIG posted a $61,7-billion loss.
AIG near deal on new terms of US bailout
American International Group is close to a deal with the United States government that would ease the terms of its bailout.
Execs ease woes with lavish retreat
The world's largest insurance company spent $440 000 on a corporate retreat days after accepting a $85-billion emergency government loan.
Political cost of the rescue plan
The true impact of this plan lies in the limitations it will place on other areas of public spending, writes Bill Emmott.
Execs' posh retreat after bailout angers lawmakers
Days after it got a federal bailout, American International Group spent $440Â 000 on a posh California retreat for its executives.
Wall fall down
Who's to blame? Indebted Americans? Alan Greenspan? Slack credit rating agencies? Greedy and overpaid chief executives?
World finance firestorm outpaces firefighters
Morgan Stanley became the next great Wall Street name in peril on Thursday with reports it was in talks to be bought by Wachovia Corporation.
Wall Street woes force US to seek cash for central bank
The US government sought to raise $40-billion on Wednesday to help its central bank finance a rescue plan for insurance giant AIG.
AIG rescued by US Federal Reserve
Capping an extraordinary day in financial markets, US authorities pieced together an emergency $85-billion rescue of insurance company AIG.
World stocks remain in freefall
Global equities tumbled for a second day running on Tuesday as anxious investors kept an eye on troubled US insurance giant AIG.
US stocks plummet amid credit crisis
United States stocks were in a dramatic sell-off on Monday morning amid a widening credit crisis.
