American International Group
Insurance Company
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Futures little changed after GDP data...pay czar, is being pressed by federal officials to relax executive compensation restrictions at American International Group Inc <AIG.N> for 2010, the Wall Street Journal reported, citing sources. U.S. stocks snapped a three-day losing... In this article: Analog Devices Inc, NEW YORK, Recession, Brocade Communications Systems Inc, Dow Jones Industrial Average, S&P 500, Nasdaq, and American International Group Inc |
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New York Daily News | 4 days ago
Under attack, Geithner defends costly AIG bailout
...U.S. Treasury Secretary Timothy Geithner defends the costly bailout of AIG Under attack, U.S. Treasury Secretary Timothy Geithner defends the costly bailout of AIG Thursday, November 19th 2009, 2:01 PM Timothy Geithner, U.S. treasury...
In this article: Timothy Geithner, AIG, United States, Richard Shelby, Kevin Brady, Wall Street, and Washington
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Reuters | 3 days ago
Nearly half of Americans rate Geithner performance poor
Nearly half of Americans rate Geithner performance "poor" WASHINGTON (Reuters) - Adding to lawmaker criticism of U.S. Treasury Secretary Timothy Geithner's performance is a new survey released on Friday showing 42 percent of Americans say he...
In this article: Timothy Geithner, Thomson Reuters, All rights reserved, Small business, Joint Economic Committee, NYSE, and Nasdaq
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WSJ.com: Markets | 12 hours ago
AIG's Rescue Bedevils U.S.
...track and unemployment climbing over 10%. Last month, the U.S. pay czar, Kenneth Feinberg, announced he cut 2009 compensation, including salaries and stock, for the top 13 AIG employees by 57%. In recent weeks, officials from the New York...
In this article: AIG, U.S., Treasury Department, Timothy Geithner, Wall Street, Federal Reserve, Economics, and Troubled Asset Relief Program
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washingtonpost.com | 8 hours ago
U.S. officials press Feinberg to ease AIG curbs: report
...the taxpayers, according to the paper. AIG, which has received up to $180 billion of federal aid, including more than $80 billion in loans, is 80 percent-owned by U.S. taxpayers. Last month, Feinberg slashed compensation for top...
In this article: AIG, U.S., Bangalore, Reuters, and Wall Street Journal
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www.accessmylibrary.com
Article: American International Group, Inc. Enters Into Agreement...
The America's Intelligence Wire Article: American International Group, Inc. Enters Into Agreement With United States. AccessMyLibrary Provides Free Access To Over 30...
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en.wikipedia.org
American International Group - Wikipedia, the free encyclopedia
Press Release (United States Department of the Treasury) ... Exchange | American International Group | Insurance companies of the United ...
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www.wikinvest.com
American International Group (AIG)
American International Group, Inc. (NYSE:AIG) provides insurance and financial services in both the United States and abroad. One of the largest...
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www.payscale.com
PayScale - American International Group, Inc. (AIG) Employer ...
American International Group, Inc. (AIG) Employer - Vacation Weeks - Get a free salary ... Research Center: United States " American International Group, Inc. ...
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www.aigcorporate.com
American International Group, Inc. - Corporate Information
Latest News. AIG Reports Third Quarter 2009 Results. 11.06.09. American International Group, Inc. ... ( AIG) today reported a profit in the third quarter of 2009, ...
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Description from Wikipedia:
American International Group, Inc. (AIG) (NYSE: AIG), is an American insurance corporation. Its corporate headquarters are located in the American International Building in New York City, but will relocate to San Antonio. The British headquarters office is on Fenchurch Street in London; continental Europe operations are based in La Défense, Paris, and its Asian headquarters office is in Hong Kong. According to the 2008 Forbes Global 2000 list, AIG was once the 18th-largest public company in the world. It was listed on the Dow Jones Industrial Average from April 8, 2004 to September 22, 2008.
AIG suffered from a liquidity crisis when its credit ratings were downgraded below "AA" levels in September 2008. The United States Federal Reserve Bank on September 16, 2008, created an $85 billion credit facility to enable the company to meet increased collateral obligations consequent to the credit rating downgrade, in exchange for the issuance of a stock warrant to the Federal Reserve Bank for 79.9% of the equity of AIG. The U.S. government revised the credit facility, and eventually increased the total amount available to as much as $182.5 billion.
AIG subsequently sold a number of its subsidiaries and other assets to pay down loans received, and continues to seek buyers of its assets. In March 2009, AIG faced public outrage and media and political backlash for its retention payments of $165 million. AIG employees faced hate mail and death threats, and multiple websites had sprung up attacking AIG.
- Name:
- American International Group, Inc.
- Type:
- Public (NYSE: AIG)
- Location:
- New York City, New York, U.S.
- Region:
- Worldwide
- Founder:
- Cornelius Vander Starr
- Founded:
- 1919 in Shanghai, China
- Stock Symbol:
- AIG
- Industry:
- Insurance, financial services
- Key People:
- Harvey Golub, Robert Benmosche, David L. Herzog
- Products:
- Insurance annuities, mutual funds
- Revenue:
- US$ 110.064 billion
- Operating Income:
- US$ −106.761 billion
- Net Income:
- US$ −99.289 billion
- Assets:
- US$ 860.418 billion
- Equity:
- US$ 52.710 billion
- No. of Employees:
- 116,000
- Market Cap:
- US$ 941.76 million
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