Your Search Returned 350 tagged news reports
No one, though, came out as well as AIG policyholders Helen and Larry Tiede. They not only collected a settlement of just under $300,000 on a policy whose face value was less than half that much, but Helen Tiede received a $20,000 blue Smart Car compliments...
Tags: AIG, Oakridge Mobile Home Estates, Alarc, insured commissioner, Steve Poizner, insured settlement, Helen Tiede, received insured, higher settlement, fire victims, Los Angeles, Home insurance, Oakridge Vancouver, Answers in Genesis, Holdings of American International Group, Types of insurance, American International Group, Insurance
sold billions of dollars worth of credit default swaps -- derivative insurance on pieces of debt -- to banks and investors around the globe. When that underlying debt turned into confetti, AIG was on the hook for more money than it could ever dream of...
Tags: Goldman Sachs, Goldman CFO, AIG, credit default, default swaps, New York City, Credit default swap, Troubled Asset Relief Program, Collateralized debt obligation, Answers in Genesis, Derivatives, Primary dealers, American International Group, Business Finance
Taiwan's economics ministry denied a newspaper report that it rejected an application submitted by a group led by Primus Financial Holdings Ltd. to buy the local unit of American International Group Inc. The ministry on Nov. 13 asked for additional data...
Tags: Taiwan, AIG, Taipei, Chinatrust Commercial Bank, Chinatrust Financial Holding Company, American International Group, Business Finance, Political status of Taiwan, Republic of China
An American International Group Inc's board meeting is expected next week against the backdrop of Chief Executive Robert Benmosche's frustration with the U.S. government's involvement in the insurer's affairs, a source familiar with the matter said on...
Tags: AIG, Robert Benmosche, financial products, U.S, Kenneth Feinberg, Croatia, Dubrovnik, Edward M. Liddy, American International Group, MetLife, Business Finance
The report by the special inspector general for the government bailout program raises doubts about Goldman's previous claims that it was hedged against potential AIG losses. Last fall, as the financial services industry stood on the brink of collapse,...
Tags: AM Goldman Sachs, AIG, New York City, American International Group, Troubled Asset Relief Program, Answers in Genesis, AIG bonus payments controversy, Edward M. Liddy, Goldman Sachs, Rockefeller Center, YES Network, Business Finance, Politics
A group of House Democrats are stepping up demands for greater transparency from the Federal Reserve after reports that the Fed mishandled the bailout of insurance giant American International Group Inc. The group, led by Rep. Elijah Cummings, D-Md.,...
Tags: Federal Reserve, Tim Geithner, AIG, Germany, Tarp, American International Group, Troubled Asset Relief Program, United States Secretary of the Treasury, AIG bonus payments controversy, Council on Foreign Relations, Group of Thirty, Timothy Geithner, Business Finance, Federal Reserve System, Subprime mortgage crisis solutions debate, Goldman Sachs, Politics, United States Department of the Treasury, Emergency Economic Stabilization Act, GMAC, United States public debt, Bailout, economics, Banking in the United States, Christopher Dodd, Neil Barofsky
No Binding Deal on Climate Change Until 2010 President Obama and other world leaders have conceded that a binding deal to combat climate change won’t be reached until at least next year. Asia-Pacific leaders, including President Obama, have backed a...
Tags: United National Security Council, climate change, Palestinian, U.S. Army Intelligence Center, unemployment rate, ll continue, U.S. State Department, presidency obama, Congress, AIG, Palestine, Gaza, Unemployment, Barack Obama, Business Finance, American International Group, Goldman Sachs, Ben Bernanke, Politics
M aking Wall Street firms that took government bailout money cut executive pay is politically popular but doomed to fail, the man who literally wrote the book on overpaid CEOs says. “All wage controls, whether from World War II or the Korean War or whatever,...
Tags: wage controls, executive pay, AIG, New York City, Executive compensation, Kenneth Feinberg, American International Group, Bailout, Robert Benmosche, Labor
Frenkel, a former governor of the Bank of Israel , has been AIG vice chairman global economic strategies since 2004. AIG has not made an official announcement about Frenkel's departure, possibly because of his fairly junior post. Article continues after...
Tags: Jacob Frenkel, AIG
It's not easy to feel sympathy for politicians and regulators in Washington and overpaid corporate board members. But hot-tempered AIG chief executive officer Robert Benmosche is doing his best to make them look good. Benmosche, the former MetLife CEO...
Tags: AIG, Robert Benmosches, chief executive, American International Group Inc., The Wall Street Journal, Mr. Benmosche, Robert H. Benmosche, aig chief, Mr Benmosche, totally committed