Goldman Sachs Group and a parade of European banks were the major beneficiaries of $93 billion in payments from American...
National News
Amid simmering outrage over $165 million in bonuses paid to executives at ailing AIG, Representative Barney Frank said Monday it...
American International Group Inc., once the world’s largest insurer, nearly collapsed last September under losses from bad mortgage bets made...
The world’s second-richest man, Warren Buffett, wasn’t even the highest paid employee at Berkshire Hathaway’s 19-person headquarters again last year....
Young property/casualty insurance agents and brokers across the U.S. are being called upon to answer some questions … and have...
Florida-based Main Street America Group reported it achieved a $43.6 million underwriting profit in 2008, the largest in its 85-year...
The Reuters article does basically explain that AIG made payments to Goldman Sachs and “foreign” banks, but it becomes a...
Embattled insurer American International Group agreed to revamp its bonus structure Saturday after Treasury Secretary Timothy Geithner objected to its...
Like spouses granted a divorce, AIG’s property/casualty insurance executives are relieved and excited about their newfound freedom. AIG is letting...
AIG’s recent claims that its collapse could threaten not just banking counterparties but also decimate the broader U.S. life insurance...