American International Group

 
Obama moves to cool anti-AIG ferocity
Obama moves to cool anti-AIG ferocity
United States President Barack Obama is trying to dampen a fire he once stoked, urging a more tempered response to public furore over bonuses paid...
AIG chief takes heat on retention bonuses
AIG chief takes heat on retention bonuses
Edward M Liddy, chairperson and chief executive of American International Group (AIG) since last autumn, has become the reluctant defender of...
Bernanke defends AIG rescue
Bernanke defends AIG rescue
United States Federal Reserve chairperson Ben Bernanke on Tuesday defended the government's latest bailout of embattled insurer AIG, telling irate...
AIG makes history for $62-billion loss in 92 days
AIG makes history for $62-billion loss in 92 days
American International Group (AIG) managed to lose $62-billion in just 92 days. That's nearly $470 000 a minute. And it's more money than Bill...
Wall Street heads for another big drop
Wall Street heads for another big drop
Wall Street headed for another big drop on Monday, one that could hurl the Dow Jones industrials below 7 000, after American International...
AIG near deal on new terms of US bailout
AIG near deal on new terms of US bailout
American International Group Inc is close to a deal with the US government that would ease the terms of its bailout, provide a further equity...
Execs ease woes with lavish retreat
Execs ease woes with lavish retreat
The world's largest insurance company, American International Group (AIG), spent $440 000 (about R3 893 375) on a lavish corporate...
Political cost of the rescue plan
Political cost of the rescue plan
'You can always rely on the United States to do the right thing," quipped Winston Churchill, "once it has exhausted the alternatives."
Execs' posh retreat after bailout angers lawmakers
Execs' posh retreat after bailout angers lawmakers
Days after it got a federal bailout, American International Group spent $440 000 on a posh California retreat for its executives, complete...
Wall fall down
Wall fall down
Not since the invasion of Iraq have I been so completely absorbed by a news story.
World finance firestorm outpaces firefighters
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 or...
Wall Street woes force US to seek cash for central bank
Wall Street woes force US to seek cash for central bank
The United States government sought to raise $40-billion on Wednesday to help its central bank finance a rescue plan for insurance giant American...

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