AIG: Dodd's Mea Culpa Sounds Hollow
Region: United States
In the continuing saga of the AIG executive bonuses which were extended last week by Timothy Geithner and the Department of the Treasury, another player has stepped up to the plate in addition to President Obama's rather w... more
Views: 1804Obama Chastises AIG Executives
Region: United States
It was recently reported in the mainstream media that the executives of insurance giant, AIG, requested over 165M in unpaid bonuses for executives which they claimed were due and petitioned the Secretary of the Treasury, T... more
Views: 874AIG Receives Fourth Bailout
Region: United States
Earlier this month it was announced that London based AIG ("American" International Group) is to receive another 30 billion dollars due to fourth quarter losses under the terms of the September bailout passed by the Bush A... more
Views: 859What Does the Latest Federal Bailout Mean for AIG?
Region: District of Columbia
By Anne Szustek In exchange for a $30 billion bailout, AIG agreed to hand over control of two of its divisions to the U.S. government. The agreement marks the company's third federal bailout in five months. ... more
Views: 1245OPEC Output Cut and Citigroup Bailout Send Stocks Soaring
Region: United States
Light sweet crude rallied by 9 percent to $54 per barrel as production outcut cut expected from OPEC. The price of crude had fallen to 3 and a half year low to $48.25. The president of OPEC Chakib Khelil revealed that a f... more
Views: 1695"AIG Denied My Disability Benefits. Now I'm Evicted."
Region: United States
Two and a half years ago, my ordeal started and it seems to me now that in some cases time does not heal all wounds. When AIG is the insurance carrier for your c... more
Views: 2795The Hate-Talk Express - Is This Really the Way You Want to Go Out, Senator McCain?
Region: United States10 13 08 The Hate-Talk Express – Is This Really the Way You Want to Go Out, Senator McCain? By Mary Lyon Dear Senator McCain, One way or another, you reach an end on November 4th. We do know that for certain,... more
Views: 1306Congress Scolds Former AIG Executives
Region: United StatesMembers of Congress and former AIG chiefs are playing the blame game during investigations as to what led to the insurer's downfall. AIG Socked by Credit Default Swaps, then Congressional Probing Former AIG CEOs Ma... more
Views: 1277USA Nationalizes Corporate Giants in a Socialistic Move!
Region: IndiaIs America entering socialistic jargon? Socialists like Indira Gandhi, Hugo Chavez of Venezuela are famous for their nationalization policies. Now America too is stepping into the shoes. In a recent move, the country has t... more
Views: 1276AIG GETS $85 BILLION LOAN
Region: India
The world largest Insurance Company AIG (American International Group) was in danger yesterday after money market goes down but as after Lehman brothers which was more than 150 years old company closed down,many more banks... more
Views: 1172
