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With Iraq Emphasis, Obama…
12 Dec 2011
promises of engagement without preconditions for enemy states played into McCain’s strength as a pragmatic hawk. But when AIG hit the panic button and Wall Street masters of the universe started wetting their Armanis, the 72-year-old former POW ...
US Government Sued Over AIG Takeover
21 Nov 2011
Three years after the federal takeover of American International Group Inc., longtime former Chief Executive Maurice R. "Hank" Greenberg is launching a broad legal assault that paints the government's move as unconstitutional. ...
Investors Prepare For Earnings Season
08 Oct 2011
Analysts slashed their forecasts for Goldman Sachs by 51 percent, to 23 cents from 47 cents, while American International Group's outlook was lowered to 36 cents from 46 cents. Still, third-quarter earnings growth is expected ...
Goldman May Face Mortgage Suits
09 Aug 2011
Goldman Sachs Group Inc. said Tuesday that Allstate Corp., John Hancock and American International Group Inc. are among the companies that have threatened to sue it for claims related to mortgage-related offerings. ...
Biggest drop for Dow since 2008
08 Aug 2011
both a steep selloff in financial stocks and by word that American International Group Inc. is suing the company, along with a host of other
seeks to recover losses on mortgage-backed securities. AIG's stock fell 10 percent. "Everyone's running to the
...
Banks Hit Hard During Market Drop
08 Aug 2011
percent on heavy volume. A news report that American International Group Inc. (AIG) plans to sue the bank over mortgage transactions
billion in payment also weighed on the shares. AIG shares, for their part, fell 10 percent. Last
...
26 Apr 2011
Attorney General, Martha Coakley, has reached a settlement with AIG ...
Pay for Top AIG Executives Falls 2%
01 Apr 2011
The top 25 executives at American International Group Inc. (AIG) will earn two percent less than they did in 2010 under a plan approved by the US Treasury Department's pay czar, Dow Jones Newswires reported Friday. ...
Fed Rejects AIG's Offer on Buyback
30 Mar 2011
American International Group Inc.’s (AIG) effort to buy back a massive mortgage bond portfolio that
late Wednesday by the Federal Reserve, a move that an angered AIG said may curb any profits that US taxpayers see as a result
...
Fiscal Crisis Tools Slipping Away
27 Mar 2011
securities acquired in the bailout of American International Group Inc. Washington also gave banks more
that this past week by selling bonds. AIG hopes to hold an initial public offering
interest in the Fed's sale of the AIG private-label mortgage securities
...
AIG Sets Plan to Repay US Bailout
14 Jan 2011
American International Group's plan to repay the US Government advanced a step Friday as the Treasury took a 92 percent stake in the troubled insurer, putting it in a position to gradually sell down its holdings. ...
Stocks Closed Mixed, Snow Caps Trading
27 Dec 2010
77 points to 1,257.54. The Nasdaq Composite Index ended up 1.67 points at 2,667.27. Insurer American International Group Inc. stood out among financial stocks, gaining more than nine percent after securing new credit facilities ...
GM Guns Engines with Successful IPO
18 Nov 2010
want to run an auto company and he doesn't want to run an insurance company," he added, referring to GM and insurance giant AIG, of which the US government still owns a large stake. While GM -- and the government -- faced heavy criticism for the bailout ...
Rep. Frank's Virgin Islands Trip Furor
13 Oct 2010
who heads up hedge fund subsidiary Paloma Partners, which was given $200 million in the federal bailout of insurance giant AIG, the Herald said. Frank described any suggestions of a conflict of interest as "nonsense," noting "I voted to raise his ...
TARP Total Cost May Be $50 Billion
05 Oct 2010
still outstanding as part of a massive TARP bailout to keep American International Group from failing, according to the Treasury's transactions
on the investment the government has made in banks and AIG, the report said. Acording to the report, Treasury plans
...
03 Oct 2010
shares turned out to be better-than-expected investments. Auto companies are back on their feet. And even insurance giant AIG is being sold off at what could end up being a profit. Losses are now reckoned around $66 billion, and could end up being ...
Stocks Fall, Gold Stays Above $1,300
29 Sep 2010
government took steps towards exiting its investments in Citigroup and American International Group, made during the height of the financial crisis. Shares of Citigroup and AIG pared strong intraday gains to finish higher by 1 percent and 0 ...
Wal-Mart Spends Millions Fighting Fine
21 Jul 2010
employees in the state, accuses Wal-Mart, Concentra and insurer American Home Assurance Co., part of American International Group Inc., of conspiring to violate a Colorado workers compensation law that bars companies from dictating ...
Geithner: Economy in Difficult Period
22 Jun 2010
scheduled to expire at the end of this fiscal year, after which the government will only seek to exit from remaining investments, notably in AIG and General Motors. Geithner estimated that TARP would end up costing taxpayers $105 billion. ...
BP to Set Up $20B Fund for Victims
16 Jun 2010
salaries at $500,000 this year for the vast majority of the top executives at the five major companies that received bailout funding: American International Group, GMAC Financial Services, Chrysler Financial, Chrysler and General Motors. ...
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Attorney General, Martha Coakley, has reached a settlement with AIG
Manage your money: 2010 markets review
It's just about the end of the year, time to take a look at how our investments and 401K plans did in 2010 and what the markets might look like in the new year.
“…big government is getting ready it's now eleven -- to stock offerings. AIG and that. We taxpayers well paid and you and the -- here's an idea that there about at thirty dollar earmark as …”
VB chats with 5th Congressional District candidate Democrat Jon Golnik. Watch the interview for more.
“…war argued -- which when -- the -- We got AIG. . We got to you why we got -- which would be haven't voted for well what's our right to educate you work. …”
Congressional District 5 Debate
Three of the four candidates for Congress in District 5 - Jon Golnik, Dale E. Brown and Bob Clark - joined us in the studio for a debate.
“…How about the economy because you worked on Wall Street for AIG -- and tells lol on that's why you are opposed to financial regulation reform why don't we need reform given all the …”
“…the that they -- and I did mark real -- I worked AIG more than a decade ago as an entry level worker trader. And yet somehow on complete with a washing don't want reform …”
FOX25 political experts Senator Bruce Tarr of Gloucester, and Warren Tolman, an attorney with Holland and Knight, joined the FOX25 Morning News from our Beacon Hill studio to talk about the latest political news.
“…he quit in her stance on financial reform. Yet he worked for AIG don't you know that this problems would only -- Perry I think they're very flawed. Keep it very cooperative. And did very …”
AIG wants to give executives $235 million in another round of bonuses. Back in March, lawmakers went berserk when the company proposed $165 million in bonuses, but this time there is barely a peep. FOX25's Jim Armstrong reports .
“…35 million dollar you remember back in March lawmakers -- the -- AIG proposed bonus is even though it got bailed out by the higher -- Ayers rather -- time barely a I don't I …”
“…out late you're right it was four short months ago. That AIG paid out a 105. Million dollars in -- congress. Went immediately crazy suggesting among other things I'm not deeper and on those …”
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