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23 Feb 2011, 7:35 pm by By MICHAEL J. DE LA MERCED
Millstein, the former Lazard banker who has overseen the government's role in reorganizing A.I.G., will step down this week. [read post]
10 Feb 2011, 9:28 am by Jon L. Gelman
Related articles AIG -The Inside Job (workers-compensation.blogspot.com) AIG to pay $100 million in workers' comp fines (reuters.com) The RICO Consequences of Managing Health Care in Workers Compensation (workers-compensation.blogspot.com) Proposal to Eliminate Participation of Lawyers (workers-compensation.blogspot.com) A.I.G. to Take $4.1 Billion Charge (dealbook.nytimes.com) The Health Reform Act Charts a New Course for Occupational Health Care [read post]
9 Feb 2011, 4:53 am by By DEALBOOK
The American International Group is taking the $4.1 billion charge in the fourth quarter to "strengthen" reserves in its property and casualty business. [read post]
20 Jan 2011, 11:42 am by By MICHAEL J. DE LA MERCED
Shares in the insurer tumbled more than 14 percent on Thursday, but only because of a technical reason involving warrants for the company's stock. [read post]
18 Jan 2011, 2:45 pm by By MICHAEL J. DE LA MERCED
Bank of America, JPMorgan Chase, Goldman Sachs and Deutsche Bank were chosen to lead the government's huge first sale of its A.I.G. holdings, expected in mid-May. [read post]
14 Jan 2011, 3:36 pm by By MICHAEL J. DE LA MERCED
A.I.G. paid off its obligations to the Federal Reserve Bank of New York, paving the way for the insurer and the Treasury Department to plan for a huge sale of stock this spring. [read post]
11 Jan 2011, 11:19 pm by By BETTINA WASSENER
The American International Group said it would sell its Taiwan life insurance business, Nan Shan Life, to a consortium in Taiwan for $2.16 billion. [read post]
7 Jan 2011, 4:00 pm by By MICHAEL J. DE LA MERCED
Treasury officials will head to New York City to listen to the pitches from 10 firms, after having sent out a request for proposal on Thursday, according to people briefed on the matter. [read post]
7 Jan 2011, 1:04 am by By CHRIS V. NICHOLSON
American International Group said it would issue 75 million warrants for its stock at a price of $45 per share, another step toward ending its dependence on the government. [read post]
5 Jan 2011, 6:02 am by By CHRIS V. NICHOLSON
American International Group, the insurer selling many of its assets to pay back its government bailout, told the S.E.C. in November that it had received an unsolicited $3 billion bid for its Taiwan unit, Nan Shan -- well above the division's going price last summer. [read post]
4 Jan 2011, 4:50 am by By DEALBOOK
Primus Financial Holdings, which got blocked in its previous effort to buy A.I.G.'s Nan Shan Life Insurance, is reportedly teaming up with Taiwan Secom and Goldsun Development and Construction. [read post]
3 Jan 2011, 1:45 pm by By DEALBOOK
Facebook chatter| The Citadel exodus| A.I.G. [read post]
3 Jan 2011, 3:30 am by By DEALBOOK
A former executive at the insurer writes in an op-ed that despite having lost millions when A.I.G. nearly foundered in 2008, the firm has significantly improved since then. [read post]
27 Dec 2010, 9:06 am by By ADRIENNE CARTER
American International Group has signed $4.3 billion worth of credit deals, in yet another step by the insurer to get off government life support. [read post]
6 Dec 2010, 6:03 am by By SUSANNE CRAIG
The former New York insurance superintendent, who played a role in the rescue of A.I.G., has landed a job in private practice. [read post]
1 Dec 2010, 11:37 pm by By DEALBOOK
The documents released by the Federal Reserve give new details of how close to the precipice some insurance subsidiaries of the American International Group came in 2008. [read post]
30 Nov 2010, 9:47 am by By MICHAEL J. DE LA MERCED
The insurer plans to sell new bonds for the first time since it was rescued by the federal government during the financial crisis. [read post]
22 Nov 2010, 8:08 pm by By MICHAEL J. DE LA MERCED
Greenhill & Company, a boutique investment bank, will be advising on the Treasury's planned sale of its A.I.G. stake, gained as part of a $130 billion taxpayer-financed bailout of the insurer in 2008. [read post]