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American International Group Inc



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3Vote!

AIG boss paid $7m after quit rumor

American International Group Inc, the insurer that received billions of dollars in a US bailout, has been authorized by its board to pay Chief Executive Robert Benmosche's $7 million compensation, after it laid to rest concerns that he may quit the post. The approval, which the company announced on Tuesday, means that AIG can pay Benmosche an already agreed annual salary of $3 million in cash and $4...

3Vote!

U.S. officials press Feinberg to ease AIG curbs: report

(Reuters) - Kenneth Feinberg, the Obama administration's pay czar, is being pressed by federal officials to relax executive compensation restrictions at American International Group Inc for 2010, the Wall Street Journal reported, citing people familiar with the matter.

5Vote!

AIG board to meet Tues, no plan on Benmosche-source

NEW YORK, Nov 19 (Reuters) - An American International Group Inc's board meeting is expected next week against the backdrop of Chief Executive Robert Benmosche's frustration with the U.S. government's involvement in the insurer's affairs, a source familiar with the matter said on Thursday.

5Vote!

Goldman was exposed to AIG losses - govt report

NEW YORK, Nov 18 (Reuters) - Goldman Sachs Group Inc could have suffered dramatic losses if the federal government had not intervened to prop up American International Group Inc , according to a government report.

3Vote!

Wall Street pays too much, says Bill Gates

Bill Gates said on Wednesday he believes Wall Street pay is often too high and that the US government ownership of American International Group Inc worries him because it has devalued the giant insurer.

5Vote!

AIG unit CFO says no exodus after pay curbs

NEW YORK, Nov 12 (Reuters) - Bailed out insurer American International Group Inc's global property-casualty division has not lost any employees because of pay limits imposed by Washington, the unit's chief financial officer said on Thursday.

3Vote!

AIG chief threatens to quit over pay curb

Unhappy over constraints imposed by US government overseers, American International Group Inc chief executive Robert Benmosche told the company's board last week that he is considering stepping down, the Wall Street Journal said, citing people familiar with the matter.

3Vote!

AIG's Benmosche threatened to leave: report

(Reuters) - Unhappy over constraints imposed by U.S. government overseers, American International Group Inc Chief Executive Robert Benmosche told the company's board last week that he is considering stepping down, the Wall Street Journal said, citing people familiar with the matter.

3Vote!

AIG likely to be able to repay government: Moody's

NEW YORK (Reuters) - American International Group Inc has made tangible progress on its restructuring plan and will likely be able to repay the government's loan and much of its preferred equity stake, Moody's Investors Service said on Monday.

5Vote!

UPDATE 2-AIG likely to be able to repay government-Moody's

NEW YORK, Nov 10 (Reuters) - American International Group Inc has made tangible progress on its restructuring plan and will likely be able to repay the government's loan and much of its preferred equity stake, Moody's Investors Service said on Monday.

3Vote!

AIG posts second consecutive quarterly profit

NEW YORK (Reuters) - American International Group Inc, the insurer bailed out by the U.S. government, posted its second-straight quarterly profit on Friday, helped by recovery in the value of its investments.

3Vote!

Why the Goldman Sachs-AIG story wont go away

How did so much taxpayer money end up in the coffers of American International Group Inc's too- big-to-fail customers? The more we find out, the more it becomes obvious we still don't know the half of it.

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3Vote!

90% of AIG assets have non-US buyers

American International Group Inc, once the world's largest insurer, is being dismantled by Asian and European buyers spurred by the plunge in the dollar and a dearth of US bidders.

5Vote!

AIG recoups billions of dollars in collateral-WSJ

NEW YORK, Oct 28 (Reuters) - American International Group Inc has received billions of dollars in payments in recent months from banks to which it had made collateral payments, the Wall Street Journal reported on Wednesday.

3Vote!

AIG may face defections on Feinberg pay limits

American International Group Inc, the insurer that lost half its highest-paid executives in the past year, may face further defections after the Treasury's pay master slashed salaries and limited bonuses.