In a New York Times op-ed, billionaire investor Warren Buffett expressed gratitude for the U.S.’s swift action: “In this extraordinary emergency, you came through — and the world would look far different now if you had not.”
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Bailed-out insurance giant American International Group (AIG) said on Friday that it posted a third-quarter net loss of $2.4 billion, or $17.62 a share, as several large restructuring-charges totaling $4.5 billion offset growth in its insurance busines…
Eager to show taxpayers it intends to deliver and repay the $182.3 billion bailout it received during the financial crisis, insurance giant American International Group (AIG) announced that it has raised nearly $37 billion to repay the U.S. government….
AIA shares soared in Hong Kong today on its first day of trading.
Continue reading AIA Hong Kong IPO Soars 17% — an AIG Win
AIA Hong Kong IPO Soars 17% — an AIG Win originally appeared on Daily…
The U.S. government’s bailout has been less than effective in helping U.S. homeowners avoid foreclosure and could end up costing more than expected, according to a report from the Troubled Asset Relief Program’s special inspect…