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American International Group Inc. (AIG), thought to be on the verge of being dismantled during the height of the economic meltdown, has survived and is pulsating strongly.
Income taxes are very confusing, but they do benefit taxpayers at times.
Bank of America Corp. (BAC) is facing a $10 billion lawsuit from New York-based insurance giant American International Group (AIG).
American International Group Inc. (AIG) and the United States Treasury on Wednesday said that they would sell nearly $9 billion in new shares of AIG, which would decrease Treasury’s stake in the insurer down to 77 percent of voting shares.
American International Group Inc. (AIG), one of the companies considered too large to fail is trying to get back on its feet.
AIG, one of the most controversial bailout recipients, will officially be shed ownership by the US government.
American International Group Inc. (AIG) said on Monday that it has repaid the U.S. government almost $4 billion as its aircraft-leasing subsidiary International Lease Finance Corp. was able to sell $4.4 billion of debt.
When Robert Benmosche took the helm at troubled insurer AIG Inc., he promised to pare down the fire sales.
Embattled insurance company American International Group Inc (AIG) announced that its current CEO Edward “Ed” Libby has offered to step down as soon as the company board finds someone to replace him in his role.
The U.S. Treasury announced revised bailout terms for AIG after it posted a third-quarter loss of $24.47 billion.
Maurice “Hank” Greenberg, former AIG CEO, pinned the blame on his successors for the company’s dramatic fall.
