National News
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AIG Has Drawn $90.3 Billion of $123 Billion Government Loans
National News • October 24, 2008
American International Group Inc., the insurer saved from bankruptcy by a federal bailout, has borrowed $90.3 billion from the Federal Reserve.
Figures released by the Fed late on Thursday showed ...
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| Subject | Posted By | Posted On |
|---|---|---|
| $5.26 million raise | Oct 28, 2008, 1:23 pm |
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| RE: RE: aig bail out | stckbyr | Oct 27, 2008, 8:28 pm |
| RE: 'Boxing gloves' replace 'good hands,' lawyers charge | stckbyr | Oct 27, 2008, 8:19 pm |
| RE: RE: RE: RE: aig bail out | Baxtor | Oct 27, 2008, 4:22 pm |
| RE: RE: RE: aig bail out | Reverend-CPCU,CLU,FLMI | Oct 27, 2008, 3:45 pm |
| RE: RE: aig bail out | joe | Oct 27, 2008, 2:06 pm |
| RE: RE: aig bail out | Allan | Oct 27, 2008, 2:00 pm |
| RE: aig bail out | Doctor J | Oct 27, 2008, 1:20 pm |
| 'Boxing gloves' replace 'good hands,' lawyers charge | Oct 26, 2008, 5:56 pm |
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| RE: RE: bail out insurance. more of the same old bull/... | Oct 26, 2008, 5:14 pm |
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| RE: bail out insurance. more of the same old bull/... | $50 billion a year in insuranc | Oct 26, 2008, 5:04 pm |
| bail out insurance. more of the same old bull/... | Oct 26, 2008, 4:58 pm |
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| aig bail out | chris | Oct 25, 2008, 1:29 pm |
| Back to article | ||
Subject: $5.26 million raise
Chairman and Chief Executive Officer Ed Rust Jr. got a $5.26 million raise. He earned $11.66 million in 2006 with a base salary of $1.77 million and results-based bonus of $9.89 million, the statement said. Rust made $6.4 million in 2005 and $5.5 million in 2004.
The absence of a major catastrophe helped the insurer generate a record $5.32 billion profit last year, compared to $3.24 billion in 2005 when Hurricane Katrina hit the Mississippi Gulf Coast, release said