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7 May 2012, 12:20 pm by Securites Lawprof
GAO posted a further report on the government's bailout of AIG on its website: Government's Exposure to AIG Lessens as Equity Investments Are Sold (GAO-12-574, May 7, 2012). [read post]
17 Oct 2008, 2:43 pm
Just one day after we told you New York Attorney General Andrew Cuomo delivered a very public spanking to AIG in response to its taxpayer-funded vacations and sweetheart severance deals, AIG is signaling a new willingness to behave. [read post]
8 Oct 2008, 8:11 pm
It seems like the AIG bailout is now old history, but the disclosed loan documents reveal some startling news to AIG shareholders and show problems inherent in our government owning controlling equity positions in major American companies. 1) First, there... [read post]
27 Sep 2011, 10:30 am by Paul Caron
Bloomberg, AIG Hires Ex-IRS Deputy Counsel Potter to Protect Tax Assets: AIG, the bailed-out insurer, hired Clarissa Potter, former deputy chief counsel of the IRS, to help protect tax assets accumulated by the firm. [read post]
18 Mar 2009, 2:07 pm
AIG CEO Edward Libby is still testifying before the House Financial Services Committee and explaining why AIG had to pay those bonuses. [read post]
16 Sep 2008, 3:41 pm
Related articles by Zemanta Crisis threatens insurance giant AIG in freefall AIG in desperate race to raise survival capital Share on FacebookShareThis [read post]
5 Sep 2023, 1:21 pm by Kerrina Williams
Overview AIG released its 2022 Environmental, Social, and Governance (ESG) report in July. [read post]
7 Apr 2009, 12:18 pm
Debevoise & Plimpton and Sullivan & Cromwell seem to be splitting the meatiest transactional work for AIG. [read post]
17 Sep 2008, 5:19 pm
Another government bailout: AIG gets $85 billion--from taxpayers. [read post]
7 Oct 2008, 3:41 pm
ABC: Less than a week after the federal government committed $85 billion to bail out AIG, executives of the giant AIG insurance company headed for a week-long retreat at a luxury resort and spa, the St. [read post]
7 Apr 2009, 9:45 pm
AIG in 2006 agreed to a payment of $300 Million in a Federal law suit for mistaking premiums. [read post]
25 Mar 2009, 3:26 pm
”  - The Crucible, Arthur Miller -   Jake Desantis, an executive VP at AIG, has quit with a flare. [read post]
14 Oct 2008, 2:19 pm
In an open letter to current AIG Chairman Ed Liddy, past Chairman and CEO Hank Greenberg offers his alternative plan for the bail out of AIG. [read post]
2 Jun 2009, 4:51 pm
Mayer (Notre Dame) has some fascinating posts on AIG's attempt to claw back $490 million from former chairman Hank Greenberg's Swiss Foundation, including a response from AIG: AIG Tries to Claim $490 Million from Former Chairman's Swiss Foundation AIG Responds to Story About Former CEO's Swiss Foundation [read post]
16 Apr 2009, 3:01 pm
AIG has turned to three law firms for the bulk of its bailout-related deal work. [read post]
22 Dec 2008, 6:00 pm
As we've written, S&C has represented AIG in each of the three loan packages AIG has received since September. [read post]
25 Mar 2009, 6:34 pm
Now there is news that AIGs successful subsidiary businesses, real insurance companies, are suffering from the pasting taken by the holding company executives over bonuses. [read post]
9 Oct 2008, 3:12 pm
In that memo he stated the following:"AIG Chairman and CEO Ed Liddy announced AIG's intent to focus the company on its core property and casualty insurance businesses, while entertaining the opportunity to sell several attractive businesses, including possibly AIG American General. [read post]