Tag Archives: AIG

Top AIG Executives Resign

Posted on March 20, 2009 by billmanzi

George Stephanopoulus is reporting on his Twitter feed that the top three executives within the Financial Products Division of AIG, as well as several others within that division, have resigned, citing concerns for their personal safety. With the anger throughout … Continue reading →

Posted in National News | Tagged , , | 11 Comments

AIG Takes the Heat

Posted on March 17, 2009 by billmanzi

The announcement of bonuses at AIG has triggered a firestorm of protest, and brought a strong condemnation from President Obama. From the Wall Street Journal; “This is a corporation that finds itself in financial distress due to recklessness and greed,” … Continue reading →

Posted in National News | Tagged , | 23 Comments

AIG Loses $61 Billion

Posted on March 2, 2009 by billmanzi

AIG, the giant insurer, posted a $61.66 billion dollar loss for the fourth quarter of last year, and the Treasury and the Fed jointly announced a new bailout program for the company. From the Wall Street Journal: The federal government … Continue reading →

Posted in National News | Tagged , | 1 Comment