Also present at the signing were Chairman of WAPIC Insurance PLC, Mr. Aigboje Aig-Imoukhuede (former MD of Access Bank and a former President of Nigeria …
Combine that with a broader credit market that worsened massively with the bursting of the housing bubble, and result, as would be the case with any imprudent business model, was a nose-diving stock price in 2007. However, in AIG's case, …
WASHINGTON -- The government says it expects to receive $750 million more from the latest sale of stock held in American International Group. The sales are part of an effort to recoup taxpayer money from the largest bailout of …
WASHINGTON -- The government's sale of American International Group Inc., stock will generate an additional $2.7 billion to boost the profit to U.S. taxpayers to $15.1 billion on the insurance giant's bailout, the Treasury Department …
American International Group, Inc. (NYSE:AIG) today announced the following actions taken by its Board of …
The stock of American International Group Inc. AIG seems to be in rough waters. The company is struggling with property and casualty market challenges that are dragging down revenues of one of its most important segment - …
NASDAQ4mon
Ahead of the long-awaited $9 billion stock offering for American International Group Inc. after the close Tuesday, we figured we’d just have a look at how the shares have performed this year. And it’s ugly. The stock is down some 38% …
In a statement on Monday, the Treasury said it launched an underwritten public offering for AIG's remaining 234.2 million shares of common stock. The Treasury shares were priced at $32.50, according to sources familiar with the situation. …
AIG ended up using about $125 billion of the promised money; with loans repaid and the stock sold, the government got all the money back — plus $22.7 billion. The initial bailout terms were made over the protests of Greenberg, who was shut …
NEW YORK: The US Treasury Department said it will sell most of its stake in insurer American International Group Inc, making the government a minority investor for the first time since it rescued the company in the depths of the financial …