American International Group repaid another $6.9 billion of its bailout Tuesday, the U.S. Treasury said. With that payment, the Treasury said it has now recovered 70 percent of the $411 billion distributed under the crisis-era Troubled Asset Relief Program, or …
Bailed-out insurer American International Group will sell off its stake in MetLife Inc. months earlier than expected, accelerating its repayment of the U.S. government and giving MetLife more control of what had been an overhang for its shares. AIG’s bailout …
As bailed-out insurer American International Group prepares to return to the public markets, some say it needs a sign from an eminent authority that it is a company with solid operations and a stock worth an investment of hard-earned money. …
Insurer American International Group Inc. paid Goldman Sachs Group Inc. $2.9 billion for the investment bank’s own account, a report said Thursday, adding new fuel to old accusations that AIG’s rescue was a backdoor bailout for Goldman. A report from …
The taxpayer bailout of giant American International Group (AIG) became necessary largely because of AIG’s poor risk management of its financial products and because deregulation of over-the-counter derivatives, including credit default swaps, let the company get away with its risky …
American International Group Inc. (AIG) said that CEO Robert H. Benmosche’s prognosis for his cancer is such that he is expected to be able to remain in his position at AIG on his previously announced timetable, which would have him …
