939 Stories, most recent news story added Fri Nov 27, 11:26 am ET
AIG and former chief executive Maurice "Hank" Greenberg have reached an agreement to bury a long-standing, bitter legal battle and the insurer will turn over materials for the former boss to use in writing a memoir, as well as photographs and a Persian carpet.
The popular narrative -- that Tim Geithner needlessly favored the interests of banks over those of taxpayers -- does not withstand close scrutiny.
NEW YORK (Dow Jones)--Among the companies whose shares are expected to actively trade in Friday's session are American International Group Inc. (AIG) and Frontline Ltd. (FRO).
Companies in the news are AIG, FRO, LNVGY, ING, DYAX
Nov. 25 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading on Nov. 27. Exchanges will be closed tomorrow for the Thanksgiving holiday. Stock symbols are in parentheses.
By guruek. (GuruFocus, November 25, 2009) Investment Guru Robert Olstein made a few wrong bets in 2007 and 2008. Businessweek magazine had a good write-up on his experience. According to the article, in the last six months of 2007 through the first half of 2008, he loaded up financial and technology stocks when they got beaten down. He had the stroke of genius of selling AIG in late 2007 when he ...
American International Group Inc. has agreed to settle all legal disputes with its former chairman Maurice "Hank" Greenberg, the company said late Wednesday. The insurance company, which was bailed out by the government and is now owned by U.S. taxpayers, also resolved its complaints against former Chief Financial Officer Howard I. Smith. AIG said it will pay up to $150 million in past legal ...
Under the terms of the settlement, the parties have agreed to release each other from all claims, including any claims by Greenberg and Smith against AIG for indemnification of future legal fees and expenses or settlement costs.
NEW YORK - American International Group Inc. has agreed to settle all disputes with its former chairman, Maurice "Hank" Greenberg, the company said late Wednesday. The insurance company, which was bailed out by the government and is now owned by U.S. taxpayers, also resolved its complaints against former Chief Financial Officer Howard I. Smith. AIG said it will pay up to $150 million in past ...
Among the shares expected to see active trading in Friday’s session are AIG, Tiffany, Incyte and Toyota.
SAN FRANCISCO -- Insurer American International Group Inc. said it has cut the salaries of three top executives to comply with pay restrictions for companies that took federal bailout money, according to a regulatory filing Wednesday.
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