American International Group

Cash in or stick it out with AIG?

BBC News (Free subscription) | yesterday

Five and a half thousand people could lose up to 25% of their money after taking out an investment bond with AIG.

AIG to sell ILFC to investor group including Udvar-Hazy

Seattle Times (Free subscription) | yesterday

American International Group, the insurer bailed out by the U.S. government, will sell its plane-leasing arm International Lease Finance Corp. to a group of investors and the unit's management by early next year, ILFC CEO Steven Udvar-Hazy said.

• Boeing customer ILFC to be sold - Seattle Post-Intelligencer
• A.I.G. Is Poised to Sell Its Plane-Leasing Business - DealBook

Business Briefing | Company News: A.I.G. In Talks to Sell Aircraft-Leasing Unit

Business Daily Reviews (Free subscription) | yesterday

The insurer will complete the sale of its airplane-leasing arm to a group of investors by early next year, an executive said. Source

AIG to sell plane lessor ILFC to investors: report

Reuters (Free subscription) | 2 hours ago

CHICAGO (Reuters) - International Lease Finance Corp, the plane-leasing business owned by insurer American International Group , will be sold to a group of investors and ILFC's management, Bloomberg reported on Saturday.

The AIG-Daily Kos dialogue continues

Daily Kos (Free subscription) | 5 hours ago

Last Saturday AIG's media relations rep Peter Tulupman answered a round of questions submitted by Daily Kos readers in response to a previous post . AIG is currently working through the backlog of questions from the original post, and plans as well to answer some follow-ups generated in last weekend's piece as well as some that come up today. Via email, here are Mr. Tulupman's answers: Again, on behalf...

Cash in or stick it out with AIG?

Business Daily Reviews (Free subscription) | yesterday

Five and a half thousand people could lose up to 25% of their money after taking out an investment bond with AIG. Source

AIG to Complete Sale of Jet-Leasing Unit Early Next Year, Udvar-Hazy Says

Commercial Insurance Knowledge (Free subscription) | yesterday

American International Group Inc. , the insurer bailed out by the U.S., will sell its plane-leasing arm International Lease Finance Corp. Bookmark To:

China Investment Fund Leads Talks for A.I.G. Unit, Report Says

DealBook (Free subscription) | 21/11/2008

A consortium led by the China Investment Corporation is in talks to buy a stake of up to 49 percent in the American Life Insurance Company, a unit of U.S. insurance company American International Group, the Nikkei financial daily reported. Nikkei, citing sources familiar with the matter, reported that A.I.G. was holding preferential talks with the [...]

• China in talks to buy stake in AIG unit: Report - Times of India
• China Fund Seeks To Buy Stake in AIG's Alico - The Street
• See the 5 articles on the same subject

How NJ Transit became the latest casualty of AIG

TODAY ON VOT3R - Politics STORIES (Free subscription) | 21/11/2008

We have all followed the saga of the bailout for the banks and now the bailout for the auto industry. NJ Transit isn't seeking a bailout, but they are seeking backing from the government so that they don't go into default: NJ Transit's executive director, Richard Sarles, also joined the leaders of nearly...

• How NJ Transit became the latest casualty of AIG - Blue Jersey: Covering NJ like a rug

AIG vs. Detroit Big Three

Crunchy Con (Free subscription) | 21/11/2008

Sean Scallon at the American Conservative wants to know: So people are holding it against the execs of the Big Three because they all flew their Lear jets to D.C. O.K. but then please explain to me why AIG execs...

• Devils Night 2.0 - Let’s Burn it all down! - The American Conservative

China's CIC in talks for 49% stake in AIG unit: Nikkei

Market Watch (Free subscription) | 21/11/2008

HONG KONG (MarketWatch) -- China's sovereign wealth fund, China Investment Corp. (CIC), is leading a consortium of mainland insurance companies in an effort to acquire up to 49% of American Life Insurance Co. (Alico), a unit of the troubled American International Group , according to a Japanese media report. The CIC-led consortium is being treated as a preferential bidder and a deadline for the end...

• China sovereign wealth fund seeks to acquire AIG's Alico: report - Market Watch
• China fund in talks for stake in AIG unit: report - Reuters

AIG's Negotiations To Sell Assets Picking Up Steam Worldwide

Nikkei (Free subscription) | 21/11/2008

AIG's Negotiations To Sell Assets Picking Up Steam WorldwideTOKYO (Nikkei)--American International Group appears to be making progress worldwide with negotiations for the sale of its assets, part of efforts to shore up its finances and start restructuring.

China Looks to AIG

In Paulson We Trust (Free subscription) | 21/11/2008

China’s largest Sovereign fund (CIC) is reportedly in talks to acquire a stake in AIG’s American Life Insurance Company. The fund would lead a consortium of investors that includes Chinese Insurance companies. CIC was burned badly on investments it made previously in Morgan Stanley and the Blackstone group. However, this life insurance unit of AIG [...]

retheauditors said: But the lousy auditors soldier on $AIG $FNM $GE $FRE $GM $F Northern Rock rt @WSJ Directors Quit As Firms Flounder http://tinyurl.

InformedTrades (Free subscription) | 21/11/2008

retheauditors said: But the lousy auditors soldier on $AIG $FNM $GE $FRE $GM $F Northern Rock rt @WSJ Directors Quit As Firms Flounder...

China Goes Bargain Hunting For AIG Unit

Forbes (Free subscription) | 21/11/2008

A big sale may be in the works, as sovereign wealth fund China Investment Corp. eyes AIG's Alico insurance arm.