Taiwan will probe if the buyer of the local unit of American International Group has violated a long-term investment commitment by speedily selling ...
NEW YORK (Reuters) - An American International Group Inc's <AIG.N> board meeting is expected next week against the backdrop of Chief Executive Robert ...
FILE - In this Sept. 17, 2008 file photo, the AIG logo is shown in New York. Officials handling the multibillion dollar bailout of insurance giant American International Group Inc. mismanaged an initial rescue attempt and may have overpaid other banks to ...
Officials mismanaged AIG bailouts, may have overpaid to stabilize company, watchdog says Officials handling the multibillion dollar bailout of insurance giant American International Group Inc. mismanaged an initial rescue attempt and may have overpaid other banks to wind down AIG's business relationships, ...
WASHINGTON (Reuters) - The Federal Reserve Bank of New York used a weak negotiating strategy that failed to wring concessions from AIG trading partners last year, allowing them to reap nearly $30 billion in payments from U.S. taxpayers, a government audit report ...
The Federal Reserve's haste in bailing out AIG last year forced the US government to come up with tens of billions of dollars more for the insurance giant's counterparties, auditors said. A report to be released Tuesday by special inspector general Neil ...
THE ENDURING ANGER OF HANK GREENBERG Hank Greenberg, who built American International Group into one of the most powerful and complex financial entities in the world, is not a man who lets go easily. Since then-New York Attorney General Eliot Spitzer forced ...
WASHINGTON (Reuters) - The Obama administration's pay czar said on Thursday he is concerned that pay cuts he ordered at bailed out companies could hamper their ability to retain talent and would consider offers to hire new executives at competitive industry rates. ...
Treasury pay czar 'very concerned' pay rules could cause bailed-out firms to lose talent The Obama administration's pay czar said Thursday that he is "very concerned" about scaring away top talent at seven firms that took the biggest bailouts. "The determinations I ...
FILE - In this Sept. 17, 2008 file photo, the AIG logo is shown in New York. After just three months as head of embattled insurer American International Group, Robert Benmosche has threatened to leave his post as he struggles to deal ...
The chief executive of bailed-out insurance giant AIG said Wednesday he would remain at the helm after reportedly threatening to step down over compensation limits imposed by the government. At a board meeting last week, Robert Benmosche told fellow AIG directors that ...
NEW YORK (Reuters) - American International Group Inc <AIG.N> Chief Executive Robert Benmosche said on Wednesday he remains "totally committed" to staying at the company, countering an earlier report that he was considering stepping down. In a letter to employees obtained by ...
