by | Oct 26, 2010 | Towing
AIG (AIG) said that CEO Robert Benmosche has cancer and is undergoing aggressive chemotherapy.
“The good news is that I feel fine, and I continue to work according to my normal schedule,” Benmosche said in a statement. “I remain absolutely committed to my job, to AIG, and to all of our stakeholders.”
Sponsored Links
Benmosche said that he would have “a better idea” of his long-term prognosis over…
Continue reading AIG Says CEO Benmosche Has Cancer
AIG Says CEO Benmosche Has Cancer originally appeared on DailyFinance on Tue, 26 Oct 2010 06:26:00.
Filed Under: Company News, People, American International Group, Insurance
by | Oct 18, 2010 | Towing
Institutional demand for American International Group’s $15 billion initial public offering for AIA, its Asian life insurance unit, is so strong that AIG may close it to institutional buyers two days earlier than planned.
…
by | Oct 1, 2010 | Towing
The U.S. Department of the Treasury announced Thursday that it has sold all of the trust preferred Citigroup shares it held for a net profit to the taxpayer of $2.246 billion. In addition, Treasury also announced it sold 1.5 bi…
by | Sep 30, 2010 | Towing
After months of planning, AIG announced Thursday that it had entered into an agreement with the Treasury Department and the Federal Reserve Bank of New York about how it will repay in full its obligations to the U.S. governmen…
by | Sep 27, 2010 | Towing
The government is close to announcing its plans to end the bailout of American International Group (AIG), returning the company to independence and recovering taxpayer funds.
The Treasury is planning to begin converting its $49 billion preferred stak…
