Search for: "AIG Financial Products" Results 81 - 100 of 402
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23 Mar 2009, 4:51 pm
Past failures should be handled and explained sensibly case-by-case for individuals responsible for failure, not mishandled as with AIG Financial Products Group leaders. [read post]
6 Nov 2014, 3:03 pm by D. Daxton White
In addition to Securities America, LPL Financial Holdings and AIG Advisor Group have also suspended the sale of select REITs. [read post]
28 Nov 2011, 11:40 pm by Allison-W
  Both AIG and Hartford Financial made announcements of aggressive, multi-billion dollar funding of capital set aside for current and future mesothelioma claims in 2011. [read post]
18 Sep 2008, 2:36 pm
Our product will be an exceptionally desirable alternative in a high interest rate, high tax rate economy for the vast majority of clients. 4. [read post]
30 Jun 2010, 9:40 am by Page Perry LLC
This titanic struggle between giants Goldman Sachs and AIG came to light during hearings before a federal commission investigating the financial crisis. [read post]
4 Mar 2009, 6:59 am
Obviously, the concerns surrounding AIG make everyone paranoid, particularly when Fed Chairman continues to use terms such as " Financial Contagion" when discussing the risk of a systemic failure to a wide chain of firms if AIG isn't continuously propped up by the Fed. [read post]
24 Nov 2008, 12:53 pm
Some of the Top 11 names Q3 2008  may surprise you AEGON/Transamerica AIG Annuity Insurance Company   (+11.1%) New York Life Insurance Company Principal Financial Group     (+6%) Allstate Financial Genworth Financial Companies (-9.1%) Jackson National Life Western and Southern Sun Life Financial   (+9.5%) John Hancock Life   (+5.3%) Hartford Life… [read post]
18 Mar 2009, 4:02 am
Additionally, the sector which received the bonuses, the financial products sector, has been charged with the primary blame for the AIG meltdown. [read post]
13 Sep 2011, 2:49 pm by Erik Gerding
So I think there is less incentive for firms to externalize the cost of their failure on taxpayers (AIG is different, because it involved insuring financial products). [read post]
13 Sep 2009, 2:58 pm
The Justice Department and the Securities and Exchange Commission have been investigating whether Joseph Cassano, whose AIG Financial Products unit nearly brought down the insurer a year ago, committed securities fraud in allegedly misleading investors by overstating the value of mortgage-related contracts and failing to disclose material facts about them to AIG's outside auditor, the people said. [read post]
10 Feb 2011, 9:28 am by Jon L. Gelman
Image via WikipediaThe American International Group (AIG), the huge insurance company that the US Government bailed out financially, is still hard pressed to raise funds to cover on going claims. [read post]
8 Mar 2009, 8:48 am
Much as the financial products division at AIG sunk an exceptionally well run and profitable structured settlement division through bad press, financial rating downgrades and other issues, Hartford Life is being battered by the concerns over it's variable annuity business and the market and minimum guarantee costs of that line of variable products. [read post]
4 Mar 2009, 6:19 am
What I do know is that the demand for what the structured settlement offers has never been greater, and with increased safety needs, market turmoil and high tax rates, the structured settlement is and will continue to be the product of choice for a significant percentage of all personal injury claims. [read post]
29 Oct 2008, 4:59 pm
  The insurance giant also has agreed not to distribute any funds from its $600 million deferred-compensation and bonus pools of its AIG Financial Products subsidiary, which Mr. [read post]
3 Apr 2009, 9:27 am
Greenberg and asserting flat out that he lacks any credibility: “Hank Greenberg continues to deny his role in allowing [AIG's Financial Products Division] to write the multisector credit-default swaps which sowed the seeds for AIG’s troubles,” the company said, referring to the financial products unit. [read post]
27 May 2007, 4:27 pm
A New York jury found the company's director liable for assisting in Brightpoint's fraud and other violations of securities law said the SEC In November, the American International Group(AIG) paid $126 million to settle claims by the Department of Justice and SEC that it assisted companies, including Brightpoint and the PNC Financial Services Group, inflate earnings through AIG's insurance products. [read post]
As the author notes, a major concern of the Lehman Brothers bankruptcy and a reason for the AIG rescue was the potential impact of CDS defaults on counterparties and the resulting risks to the financial system. [read post]
15 Mar 2009, 2:00 pm
We're talking about $100 million in bonuses for executives at the company's Financial Products division, the shop in London that wrote almost half a trillion dollars of credit default swaps (in effect, unfunded de facto insurance policies on wildly overvalued assets) -- the ones that caused the company's death spiral and put taxpayers on the line for what will likely eventually be a quarter trillion dollar price tag. [read post]
21 Mar 2009, 6:51 am
Today in the NYTImes, Joe Nocera plays a similar game, this time over AIG: Yes, the $165 million in bonuses handed out to executives in the financial products division of American International Group was infuriating. . . . [read post]
14 Sep 2009, 7:38 am
Last September, Lehman Bros. collapsed, AIG became a ward of the state, and the US woke up to the financial havoc that can be caused by greedy bankers speculating on the financial system with exotic derivatives and no regulation. [read post]