...federal government over the $182 billion bailout that saved the giant insurance company from collapse.American International Group Inc. was put in the awkward position of having to consider joining a lawsuit brought against Uncle Sam by its...
...ordered to take pay cuts by the federal government.The Treasury Department says nearly 70 executives at American International Group Inc., Ally Financial Inc. and General Motors Co. had their annual compensation reduced by 10 percent. The...
...Government will sell AIG shares for profitWASHINGTON --- The government is selling off a chunk of its stake in American International Group Inc., narrowly squeezing out a profit as it moves to bring an end to its bailout of the insurance giant.The...
NEW YORK --- More trouble piled up for Bank of America Corp. on Monday as American International Group Inc. sued it for more than $10 billion, saying the bank cheated it by selling residential mortgage-backed securities that were...
...oil analyst at the Oil Price Information Service.AIG repays $2 billion of government bailoutWASHINGTON - American International Group Inc. has paid the federal government $2.15 billion this week after selling off a life insurance subsidiary...
...companies Feinberg did not pursue were two whose bailouts are expected to cost taxpayers more than $38 billion: American International Group Inc. and CIT Group Inc. He also ignored excessive pay at Wall Street powerhouses such as Goldman Sachs Group...
...and First National Bank of the South, based in Spartanburg, S.C., with $682 million in assets.AMERICAN INTERNATIONAL Group Inc. and some of its directors and officers have agreed to a $725 million settlement to resolve allegations...
...consultant Mike Moebs.Former AIG executive denies relaxing rulesWASHINGTON --- A former top executive of American International Group Inc. acknowledged Wednesday that his division more than tripled the amount of risky investments it insured in...
AIG in better shape to pay back bailoutWASHINGTON --- Insurance giant American International Group Inc. is better positioned to pay back all of its $182 billion federal bailout, a key Treasury official testified Wednesday.But...
...and interconnected that their failure could threaten the economy.Such firms could include insurance giant American International Group Inc. or General Electric Co.'s GE Capital business.Bernanke said the Fed worries about losing oversight...