Search for: "AIG Financial Products"
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25 Mar 2009, 2:37 pm
" AIG's financial products unit, run by Joseph Cassano since 1988, was a veritable money machine, pouring $6 billion of riches into AIG's coffers from 1988 until 2005. [read post]
12 Mar 2009, 9:00 am
While AIG's secure rating is heavily weighted on the financial support provided by the U.S. [read post]
29 Sep 2008, 1:12 pm
Government regulator, begins reviewing AIG Financial Products operations. [read post]
25 Mar 2009, 10:24 am
In a letter to the CEO of AIG, also published in the New York Times, Jake DeSantis, executive vice president of AIG’s financial products unit, submits his resignation. [read post]
8 Mar 2010, 10:01 am
The latest twist involves a lawsuit by two former female staffers in AIG's Financial Products unit - the... [read post]
8 Mar 2010, 10:01 am
The latest twist involves a lawsuit by two former female staffers in AIG's Financial Products unit - the... [read post]
16 Mar 2009, 10:03 pm
I wonder whether AIG could have paid the bonuses in toxic assets, derivatives such as were sold by their Financial Products division, or at worst, AIG stock.... [read post]
31 Jul 2020, 10:00 am
Financial advisers often push these products because of the high commission they will receive, without suggesting or indicating that other financial products are better suited for many customers. [read post]
14 Jan 2011, 12:07 pm
It also concluded that Treasury Department activities publicizing and studying Shariah-compliant financial products do not amount to governmental endorsement of religion. [read post]
6 Oct 2008, 2:34 am
In a conference call with financial analysts, Liddy reported AIG has utilized $54 billion of the loan to strengthen AIG Financial Products, its London-based structured-finance unit, as well as its securities lending business. [read post]
18 Jan 2009, 9:22 am
This was after he had driven this small AIG financial products subsidiary to a $33 billion loss which had the potential of crashing the global economy leading the U.S. federal government to take over all of AIG and provide them funds to the tune of more than $100 billion and counting. [read post]
30 Mar 2009, 4:36 pm
According to ABC News, Cassano ran the Financial Products Division of AIG, which is the unit largely blamed for bringing down AIG, and the FBI and federal prosecutors are getting ready to bring charges against him.I am still having trouble with the concept of an insurance company running a massive financial trading operation, but I guess we have Phil Graham to thank for that. [read post]
18 Mar 2009, 2:06 am
The facts about how the AIG Financial Products unit took down AIG begin to emerge more clearly, as AIG whistleblowers begin to speak. [read post]
5 Apr 2011, 5:48 pm
Boyd says that there was one appointment he never missed—a regular Tuesday meeting that included AIG’s chief financial officer, its general counsel and the leadership of its now infamous financial-products subsidiary. [read post]
13 Oct 2008, 1:51 am
Denis, were statements made to him by Joseph Cassano, CEO of AIG Financial Products, that Cassano had "deliberately excluded" Mr. [read post]
23 May 2010, 7:45 am
The decision appears to end a two-year criminal investigation of several executives from AIG's Financial Products subsidiary [official website], which played a large role in constructing complex contracts known as credit-default swaps [TIME backgrounder] that insured bond losses tied... [read post]
3 Oct 2008, 9:49 pm
In a late morning press conference with analysts Liddy outlined a plan for AIG that included sale of the aircraft financing unit, it's financial products division, the US personal lines companies, US life, retirement and pension business and some other assets. [read post]
31 Jul 2020, 12:35 pm
Financial advisers often push products that pay high commissions and fees, even when such products are not in the best interests of their clients. [read post]
10 Oct 2008, 5:47 pm
Legislators focused most of their questions on AIG's investments in complicated investment products that insured mortgaged backed securities. [read post]
30 Jun 2010, 9:19 am
Why it was included, who proposed it, and whether AIG’s formal assent was the product of illegal overreaching remain to be examined. [read post]
