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US Justice Department drops criminal probe against AIG executives
According to the information forwarded on Saturday by the lawyers of the former and current American International Group (AIG) executives being investigated in the probe pertaining to AIF Financial...
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AIG in talks with federal government to repay $130 billion taxpayer-financed...
In a Friday statement, American International Group (AIG)’s CEO Robert Benmosche said that, with the insurer’s quarterly results beating the Wall Street expectations, the company had initiated talks...
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AIG Chief says firm ready to pay back debt
If the words of Robert H. Benmosche, Chief of AIG, are to be believed then the insurance company is all set to pay back the federal debt that it took during the time of recession.Talking to media,...
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AIG pays back part of government debt
Largest insurance company, American International Group has announced that it will be paying back part of the government assets worth $4 billion. The insurance giant has sold off a part of its debts to...
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AIG’s Stock Offering to be Continued
U.S. Treasury and American International Group (AIG) agreed to continue with the stock offering in May. Due to a decrease in the insurer's stock price, however, the offer is far less than officials...
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Reportedly Directors of AIG Discussing Spinoff or Sale for Its Mortgage Business
Reportedly, the directors of American International Group Inc. are looking at the possibilities of either a spinoff or a sale of small mortgage-insurance business of the company. The conglomerate is...
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