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Top executives at troubled insurer American International Group have been struggling financially after taking personal losses in the wake of the near-collapse of the company last year, AIG's chief executive Robert Benmosche told the Wall Street Journal in an interview.
Goldman Sachs Group Inc. played a bigger role in fueling the mortgage bets that crippled American Insurance Group Inc. than has been publicly disclosed, the Wall Street Journal reported ...
AIG General Counsel Anastasia Kelly is set to leave the firm over tough new pay restrictions
Goldman Sachs Group Inc played a bigger role in fueling the mortgage bets that crippled American Insurance Group Inc than has been publicly disclosed, the Wall Street Journal reported on Saturday.
WASHINGTON—American International Group Inc. will be permitted to pay retention bonuses to top executives deemed “particularly critical” to its long-term financial success under new rules announced Friday by the U.S. pay czar.
A REPORT in last week's New York Times pointed out that AIG was once again the top-selling provider of fixed-rate annuity products by banks. Backed by the government, AIG now has an unfair advantage over its competitors like New York Life and can generate "teaser rates" that bring in new money.
AIG's Top Lawyer Will Likely Quit Over Pay: Report
Goldman originated or bought protection from AIG on about $33 billion of the $80 billion of U.S. mortgage assets that AIG insured during the housing boom.
Names hold a lot of power over business. Even AIG can inspire long-term trust under a new moniker.
Treasury Secretary Tim Geithner said on Thursday that he had no choice but to pay top dollar to business partners of troubled insurer AIG to avert a deeper financial panic last year.
By guruyt. Last week's top five guru bargain stocks were Coinstar Inc, Fair Isaac Corp, Alkermes Inc, American International Group Inc, and Cal Dive International Inc. According to GuruFocus updates, these stocks have declined the most since Gurus have bought. Read more » »
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