AIG

Featured Video

  1. Stocks Wobble, 'Avengers' Show Muscle

    Mon, 7 May 2012

    government getting rid itself of its shares of AIG of course that was the company that was once the government kind of gets out of the AIG business. Yeah ousted the government continuing government is selling five million dollars AIG shares at thirty dollars and fifty cents

    AIG found at 3:54, 4:24

    counter intuitive. On the government getting rid itself of its shares of AIG of course that was the company that was bailed out during a financial meltdown. What effect that as they can have on the company once the government kind of gets out of the AIG business.
    the latest move here is the government is selling five million dollars AIG shares at thirty dollars and fifty cents each of the stock is going to be lower today because. -- selling at a discount to what the stock had closed that on Friday. But this state is still tremendous if for example the governments of an control 63%. Of AIG . Down from the 70% stake that it had last week. He does need to average twenty dollars and 72 cents a share

Latest AIG News

  1. CFTC Chief: Agency Is Reviewing JPMorgan's Trading

    Mon, 21 May 2012

    industry arguments that regulation should be scaled back, he said. It was the London-based subsidiary of American International Group Inc . that dealt in the financial contracts that pushed that insurance giant to the brink of collapse in September

  2. JP Morgan Déjà Vu - There You Go Again Wall Street

    Fri, 11 May 2012

    huge derivative bets. These enormous bets were at twice the risk the company said they were just a few weeks ago. (How very AIG -like.) The London-based JP Morgan trader implicated in this is nicknamed "The Whale" or "Voldemort" from Harry Potter

  3. FDIC Seeks to Stop 'Too Big to Fail' Bailouts

    Thu, 10 May 2012

    Those include a number of the rescued companies during the recent recession, like American International Group Inc . The U.S. government rescued AIG in 2008 with $125 billion in taxpayer money, and this week the Government Accountability

  4. US Will Unload More AIG Shares

    Mon, 7 May 2012

    today said that it will sell $5 billion in AIG shares, one of a series of offerings since government still had a $46.3 billion stake in AIG , including unpaid dividends and accrued In all, the taxpayers' ownership in AIG has been cut to 70 percent and this latest

  5. Stocks rally: Dow closes at highest mark since late 2007

    Tue, 1 May 2012

    not a symbol of reckless risk-taking on Wall Street. Other victims of the financial crisis — insurer American International Group , banking giant Citigroup and auto icon General Motors— were still members of the Dow. "It's remarkable

  6. What stocks are furthest from their all-time highs?

    Mon, 30 Apr 2012

    behind JDS Uniphase are two financial stocks: E-Trade and American International Group , which have 98.5% and 98.4% to go. E-Trade is interesting E-Trade etfc : -98.5% • American International aig : -98.4% • Sprint Nextel s : -96.7% • Citigroup

News

  1. Treasury limits exec pay at GM, AIG , Ally Financial

    Mon, 9 Apr 2012

    and his counterparts at Ally Financial and AIG at 2011 levels because the government still compensation of the top 25 executives at GM, AIG and Ally Financial is a condition of the to try something different that pays." AIG still owes taxpayers about $36 billion

  2. New Appetite for Risk - Morning Business Memo

    Fri, 16 Mar 2012

    Street banks and investment firms to show interest in buying the most complex and troubled derivatives tied to the bailout of AIG ." These include collateralized debt obligations, blamed for causing devastating losses across the financial industry in 2008

  3. U.S. Gov't Sells $6B in AIG Shares

    Thu, 8 Mar 2012

    further cut its stake in American International Group Inc . after its bailout Department launched a sale of AIG stock today, expecting shares at $29 a share. AIG made losing bets on company. New York-based AIG is buying about $3

  4. New Fed Task Force Subpoenas 11 in Mortgage Fraud Probe

    Fri, 27 Jan 2012

    related to the financial crisis. Although there was an extensive investigation into the collapse of AIG and the role of the top executive at AIG Financial Products division, Joseph Cassano, federal prosecutors decided not to bring charges. Former

  5. Don't count loser stocks out yet

    Sun, 8 Jan 2012

    s winners. All five of the top stocks of 2010, Netflix, F5 Networks, Cummins, American International Group and Zions lost big in 2011. Netflix and AIG went from top stocks in 2010 to among the worst in 2011. •Turn in massive gains

  6. Transcript: The Great American Debates: 'There's Too Much Government In My Life'

    Sun, 18 Dec 2011

    simulation, it said if there's another crisis, we won't be able to bail people out. The Federal Reserve gave money to AIG , the section 13-3. We abolished that in the bill. That no longer exists. We also said that if a company fails -- in the

  7. 10 Things We Didn't Learn From Enron Scandal

    Thu, 1 Dec 2011

    s bankruptcy was the largest in U.S. history. Names like AIG and WorldCom may have replaced Enron in the vernacular when referring made after Enron did little to avoid the shocking failures at AIG and other financial companies," he said. "At some level

More »

Videos

  1. Stocks Wobble, 'Avengers' Show Muscle

    Mon, 7 May 2012

    government getting rid itself of its shares of AIG of course that was the company that was once the government kind of gets out of the AIG business. Yeah ousted the government continuing government is selling five million dollars AIG shares at thirty dollars and fifty cents

    AIG found at 3:54, 4:24

    counter intuitive. On the government getting rid itself of its shares of AIG of course that was the company that was bailed out during a financial meltdown. What effect that as they can have on the company once the government kind of gets out of the AIG business.
    the latest move here is the government is selling five million dollars AIG shares at thirty dollars and fifty cents each of the stock is going to be lower today because. -- selling at a discount to what the stock had closed that on Friday. But this state is still tremendous if for example the governments of an control 63%. Of AIG . Down from the 70% stake that it had last week. He does need to average twenty dollars and 72 cents a share
  2. AIG Executive Bonus Blowup

    Mon, 16 Mar 2009

    around the insurance firm AIG the company that was. Saved The anger stems from the American International Group revelation that it will shell Washington. And now for more on AIG in the state of the government when you have an example like AIG . Receiving a nearly a 170

    American International Group found at 0:48

    should be fired not awarding of bonuses. The anger stems from the American International Group revelation that it will shell out 165. Million dollars in executive bonuses because of contractual obligations. This is the same company that
  3. Market Rallies, Despite AIG Fears

    Tue, 16 Sep 2008

    today. What would become of AIG . A massive insurance company probably never heard out. AIG . Plays a very important role cannot be allowed to fail. American International Group is not your traditional insurance to fortune 500 companies. AIG sells everything from car

    American International Group found at 1:19

    American International Group is not your traditional insurance company. It employs more than 100000. People in 130. Countries around the globe including the US Europe the Middle East and China. It's 74 million customers a range from individuals to small businesses to fortune 500 companies. AIG sells everything from car insurance to life insurance to property insurance. Covering oil rigs from hurricanes and mom and pop shops from slipping faults. But what got AIG into trouble was the insurance it's sold financial institutions against their investments in the mortgage market. You can call -- insurance we can also call it a bad and Wall Street today in another round of emergency meetings at the New York Federal Reserve. The government tried to convince Goldman Sachs and JPMorgan to offer AIG a line of credit big enough to keep its business Scully. But they refused. New York governor David Paterson told us it's now up to a reluctant government to keep AIG from failing.
  4. AIG on the Brink

    Tue, 16 Sep 2008

    AIG it is as you said a huge night on Monday. Think American International Group is the country's largest Is there a sense that AIG is too big to fail. If governor of New York where AIG is based is now getting

    American International Group found at 0:33

    Think -- American International Group is the country's largest insurance company with a 100000 employees and seventeen million customers.
  5. AIG Gets a Loan

    Wed, 17 Sep 2008

    their 85 billion dollar loan to AIG Tuesday night the Federal Reserve you look. At the tentacles of AIG how fared stretches around our financial system. How big is American International Group or AIG . The company is more than a

    American International Group or AIG found at 0:45

    Underlying product for the entire the entire financial system. How big is American International Group or AIG . The company is more than a 100000 employees and 130 countries around the globe. It's 74 million customers range from individuals to fortune 500 companies. Still some economists blame AIG for selling insurance to financial institutions making risky bets in the housing market you can call it insurance we can also call
  6. Economists Analyze the Market

    Tue, 16 Sep 2008

    fate of insurance giant American International Group shares plummeted today fate of insurance giant AIG What does the latest the large positions that AIG provides insurance to a lot of banks. If AIG can't provide the insurance

    American International Group found at 0:02

    We'll all eyes are on the fate of insurance giant American International Group shares plummeted today after the insurers ratings were cut. Fueling concerns it -- further upset global financial systems by filing for bankruptcy.
  7. Paulson: Bailout 'Something That Has to Work'

    Sun, 21 Sep 2008

    face stepped in to save the American International Group He concludes. That the Treasury who want a second guessing AIG . After you have Lehman Brothers bankruptcy. And a few days. And AIG much bigger. And inter connected the junior sees so with the AIG okay. Now what we're doing

    American International Group found at 4:36

    then several days later an about face stepped in to save the American International Group He concludes. That the Treasury Department has actually contributed to the biggest problem in the market right now and utter lack of
More »
Comments
�???????�??????�?????�????�???�??�?� 

Photos

Related Connections

ABC News on FaceBook

follow us

Social Tools Facebook Twitter Twitter RSS Mobile