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 …
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 …
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
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," …
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 …
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 …
The man who turned AIG into the world's largest insurance company told a court Wednesday that he sent a private jet to Bermuda loaded with company stock to prevent it from being seized. The admission was the latest bit of drama in two …
Welcome back AIG, or um, another 15 per cent of you. From the bailed out insurer’s public offering prospectus, released Wednesday morning: American International Group, Inc. (“AIG”) is offering 100,000,000 shares of its common …
NEW YORK, Sept 9 (Reuters) - The U.S. 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 …
WASHINGTON (AP) — 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 …