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 …
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 …
Three days before he resigned as head of American International Group Inc., Maurice "Hank" Greenberg gave his wife 41.4 million of his shares in the insurance company, according to a regulatory filing Tuesday. The disclosure came the …
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE:AIG) today announced that its Board of Directors declared a dividend of $0.28 per share on AIG Common Stock, par value $2.50 per share. The dividend is …
WASHINGTON -- The Treasury Department said Wednesday it is selling $6 billion worth of the $41.8 billion in common stock it holds in insurance giant American International Group Inc., which received the biggest bailout of the …
Starr owns 12 percent of AIG stock and for decades has controlled -- beyond the ... The annual report lays considerable responsibility for accounting and other problems at the feet of "certain former members of senior management," …
NEW YORK — The government will wind down its largest and most-complex rescue from the 2008 financial crisis, a $182 billion package to save insurer AIG, by selling stock over the next two years. The plan could net taxpayers billions in …
NEW YORK, July 6 (Reuters) - Maurice “Hank” Greenberg, former chief executive of American International Group Inc (AIG.N), fabricated documents and lied under oath in a bid to rewrite history and cloud who is the rightful beneficiary of …
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 …
Maurice Hank Greenberg, former chief executive of American International Group Inc , fabricated documents and lied under oath in a bid to rewrite history and cloud who is the rightful beneficiary of a valuable block of AIG stock, AIG