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Among the shares expected to see active trading in Friday's session are AIG, Tiffany, Incyte and Toyota. The market is closed on Thursday for the Thanksgiving holiday, and Friday's trading ends early, at 1 p.m. Eastern Time. After Wednesday's closing...
Tags: Maurice Greenberg, Maurice R. Greenberg, AIG, legal disputes, chief executive, Howard Smith, American International Group Inc, financial officer, chief financial, officer howard, San Francisco, American International Group, Business Finance, Answers in Genesis, Robert Benmosche, AIG bonus payments controversy, Greenberg, Cornelius Vander Starr, General Motors, Young Earth creationism, Edward M. Liddy, economics, Goldman Sachs, Gasoline, Unemployment, Internal Revenue Service, Saab, Jobless claims, Wal-Mart, Euro, Saab Automobile
U.S. stocks opened slightly higher Wednesday as investors cheered a stronger-than-expected labor market reading ahead of the Thanksgiving holiday...Economy: Wall Street ended Tuesday's volatile session with modest losses as investors digested mixed readings...
Tags: Robert Benmosche, AIG, Mr. Benmosche, U.S, chief executive, pay package, compensation agreement, American International Group Inc., executive robert, New York City, Business Finance, American International Group, Edward M. Liddy, Dow Jones Industrial Average, Answers in Genesis, Emergency Economic Stabilization Act, MetLife, economics, Futures contract, General Motors, Kenneth Feinberg, Day trading, Short, Stock, Non-compete clause, Troubled Asset Relief Program, Saab Automobile, NASDAQ futures, GMAC, Dow Jones & Company, MarketWatch
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
American International Group Inc , the insurer bailed out by the U.S. government, posted its second straight quarterly profit on Friday, helped by recovery in the value of its investments. Net profit was $455 million, or 68 cents a share, compared with...
Tags: AIG, quarterly profitable, American International Group Inc., net income, straight quarter, aig posts, troubled insurance
Since its near-collapse, American International Group Inc. has been selling all kinds of assets -- but it apparently doesn't want to part with its Century City-based aircraft leasing company. On Monday, the troubled insurance giant disclosed that it lent...
Tags: aircraft lease, American International Group Inc., lease unit
Neil Barofsky, the special inspector general for the $700 billion financial bailout, told a House panel that "a failure of communication and a failure of management" led to the bonuses. Geithner 'Ultimately Responsible' For AIG Missteps The special...
Tags: inspector general, AIG Financial Products, special inspector, Treasury Department, Neil Barofsky, Timothy Geithner, American International Group Inc., bailout program, pay czar, aig bonuses
Hong Kong-based Primus Financial Holdings is buying Nan Shan Life Insurance Co. Ltd., Taiwan’s second-largest life insurer, from American International Group for US$2.15 billion (NT$69.3 billion), the companies announced Tuesday. Primus denied it had...
Tags: Taiwan Unit, life insuring, Hong Kong partner, sell taiwan, Nan Shan Life, Primus Financial Holdings Ltd., ING Groep NV, American International Group Inc., americans international, AIG
Washington Post Staff Writer Monday, September 21, 2009; 5:00 PM Been holding your breath waiting for government-owned insurance giant AIG to pay back the $120.7 billion taxpayer bailout money? You may want to exhale. In a report issued Monday from...
Tags: American International Group Inc., Government Accountability Office, Fort Detrick, insurance giant, GAO, Washington
American International Group Inc. has reached an agreement to sell its investment advisory and asset management businesses for $500 million to Bridge Partners, LP, a company owned by Hong Kong-based private-equity firm Pacific Century Group, AIG announced...
Tags: AIG, asset management, Hong Kong, management businesses, Pacific Century Group, Bridge Partners LP, American International Group Inc., sell asset
Chief Executive Robert Benmosche is trying to slash the investment-banking fees that the giant insurer pays to firms including Morgan Stanley, according to a media report Wednesday. Benmosche also wants to cut the number of outside consultants and lawyers...
Tags: Robert Benmosche, American International Group Inc., chief executive, Andrew Cuomo, AIG