and AIG were an extreme example of the “whatever it takes ... the so-called “dual mandate.” Stock investors will be on their own. Of course, the existence of the Fed put creates a self-fulfilling prophecy. If investors believe the Fed will bail ...
THE US government says it is selling its remaining shares of American International Group stock, moving to close the books on the government's biggest bailout during the 2008 financial crisis. The US Treasury says it will sell 234.2 …
Forced to resign in 2005 as chairman and chief executive of insurance giant American International Group Inc. after almost 40 years at the helm, Maurice “Hank” Greenberg is now suing AIG over an alleged securities fraud. Material …
American International Group, Inc. AIG is scheduled to report second-quarter 2017 results on Aug 2, after market close. Helped by a reduction in operating costs, AIG surpassed the Zacks Consensus Estimate last quarter by 22.5%. …
Investors got a chance this week to weigh in on the government’s odds of recouping the full $182 billion bailout of American International Group Inc. The response so far: Don’t count on it. AIG shares skidded as much as 7 percent …
(Newser) – Don’t look now, but financial crisis punchline AIG has had a monster year on the market, with its stock soaring 97% to $58.93. Of that, 42% was gained in December alone. That makes the insurer the fourth-best performer on the …
That represents a 46% premium over the stock’s closing price on Friday. American International Group Inc, emerging from years of retrenching after its near demise in the financial crisis, agreed to buy Bermuda reinsurer Validus Holdings …
NEW YORK, May 29, 2013 /PRNewswire-USNewswire/ -- The following is being released by the law firm of Boies, Schiller & Flexner LLP. PURSUANT TO RULE 23 of the Rules of the United States Court of Federal Claims, you are hereby …
NEW YORK (Bloomberg) — When a board member of a publicly traded US company sells even a small personal holding, the director typically has just two business days to disclose the transaction, under securities rules to promote …
The U.S. Treasury, which also expects to earn a profit on the sale of its AIG assets, still owns $29 billion in AIG stock, roughly 53 percent of the company.