935 Stories, most recent news story added Thu Nov 26, 3:00 am ET
After Balking At Government Imposed Pay Restrictions, American International Group's Chief Executive Robert Benmosche Has Officially Agreed To A $10.5 Million Non-Compete Contract, The Company Announced Tuesday.
Jail, anyone? Perhaps that's too harsh, and at any rate premature, but is anyone ever going to be held accountable for the behind-the-scenes sweetheart deals that passed tens of billions of taxpayer dollars through the AIG shell game to the very banks that caused the financial meltdown?
Tuesday's early headlines include the Federal Reserve reportedly asking nine U.S. banks for TARP repayment plans.
NEW YORK (Reuters)—American International Group Inc. has been authorized by its board to pay Chief Executive Officer Robert Benmosche’s $7 million compensation, after it laid to rest concerns that he may quit the post.
Robert Benmosche, chief executive of American International Group Inc., says he will remain in his post, which will pay him at least $7 million in cash and stock annually.
NEW YORK — American International Group Inc. on Tuesday said it will go ahead with a previousl...
NEW YORK — American International Group has approved a pay package for its new CEO Robert Benm...
Could the government have struck a tougher deal with financial institutions owed money by AIG? The report recently made public by Neil Barofsky, special inspector general for the Troubled Asset Relief Program, concludes it certainly could have.
NEW YORK----As required by New York Stock Exchange rules, American International Group, Inc. today announced that it is implementing Mr. Benmosche’s previously announced compensation agreement.
Pulitzer Prize winner, Gretchen Morgenson of the New York Times wrote a must read article ("Revisiting a Fed Waltz with AIG," November 21, 2009) on...