The U.S. government, for the first time since 2008, is officially a minority stakeholder in American International Group Inc. (NYSE: AIG), with an $18 billion stock sale that made money for taxpayers. The AIG stock sale will reduce the …
WASHINGTON -- The government's sale of about $18 billion shares of stock in rescued insurance giant American International Group locks in a minimum $12.4-billion profit for taxpayers on one of the most controversial bailouts …
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 - …
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On Monday, Validus's shares soared 44%, to close at $67.29, while AIG's stock fell 0.9%, to $61. Before landing at the center of the global financial crisis of 2008, AIG was one of the world's biggest financial-services companies with about …
The settlement resolves allegations of AIG’s wide-ranging fraud from October 1999 to April 2005 involving anti-competitive market division, accounting violations and stock price manipulation, and brings total expected recovery for AIG
(Reuters) - The U.S. government cut its stake in American International Group Inc to about 21.5 percent on Monday, making a profit of $12.4 billion on the insurer’s crisis-era bailout and bringing the unpopular rescue closer to its end. The …
Today's deal, due to close in mid-2018, will lead to bumper returns for Validus …
NEW YORK (Ben Berkowitz and Clare Baldwin) - American International Group and the Treasury on Wednesday said they will sell around $9 billion in AIG stock, but sources familiar with the situation said the Treasury would pull the sale …
Q: How can my AIG stock aig go from less than $2 a share to nearly $15 a share, and I still didn't make any money? Is this possible? A: It's strange, but true. You've lost money on AIG even though the share price has risen. The reason? …