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? …
NEW YORK — American International Group, the world's largest insurer by assets, has sued Maurice Greenberg, its former chief executive, accusing him of having "misappropriated" AIG shares worth $20 billion. AIG asserts that …
AIG) topped out at an eight-year high of $67.47 in early January, and has since pulled back -- trading down 0.7% at $60.46 today, as the broad market dives. The insurance stock could be set to take off again soon, though, with its 14-day …
NEW YORK (AP) — Former American International Group Inc. CEO Maurice "Hank" Greenberg is selling the shares he still owns of the insurer to UBS Securities LLC for $278 million. Starr International, which Greenberg owns, will sell 10 …
It’s that the AIG lawsuit, while breaking new ground in chutzpah ... unloaded $278 million worth of company stock in 2010; it presumably would have been worth nothing if the government had let the firm declare bankruptcy and the global …
American International Group, Inc. (NYSE:AIG) today announced that its Board of Directors declared a quarterly dividend of $0.32 per share on AIG Common Stock, par value $2.50 per share. The dividend is payable on December …
KHQ1mon
It was American International Group accounting change blunders in 2005 that hurt the company's stock, not any misdeeds on his part, AIG's ousted chairman and chief executive officer, Maurice Greenberg, argues in new court …
WASHINGTON - The Treasury Department announced Friday that it will sell more of its shares of common stock in insurance giant American International Group to recoup more of the support the government provided AIG in what …
Paul Smalera asks -- but, sadly, doesn't answer -- the big question surrounding AIG's bonus compensation: why on earth are the company's executives specifically asking for it to be paid in worthless AIG stock, when they already got …