Content Tagged As aig
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Geithner: AIG has other options to repay bailout
June 2, 2010 4:24 PM
Treasury Secretary Timothy Geithner is looking past the collapse of an American International Group deal to sell off a subsidiary, saying the insurance giant has other options for paying back its $182 billion government bailout. Geithner was speaking to reporters after Prudential PLC, a British company, said it was backing... more » -
AIG to pay out $100 million in bonuses
February 3, 2010 9:03 AM
Reports say American International Group Inc. is about to pay about $100 million in a fresh round of bonuses to employees of its financial products division. That's the unit whose risky bets helped sink the company leading to a $180 billion government bailout. The New York Times reports although... more » -
Treasury Secretary embroiled in controversy
January 7, 2010 1:53 PM
The Federal Reserve Bank of New York pressed American International Group to withhold details of controversial deals that funneled billions in bailout money to Goldman Sachs and other banks. E-mails show lawyers representing the New York Fed asked AIG to remove the information from a draft financial disclosure. Treasury Secretary... more »
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