Insurance giant American International Group on Wednesday signed an agreement with the government that details its plan to repay its government loans. Meanwhile, The Wall Street Journal reports that the government plans to sell…
Bailed-out insurance giant American International Group sold $2 billion of bonds in its first debt offering since it was rescued in 2008. The offering was an important test of whether investors think the insurer can stand on it…
Bailed-out insurance giant American International Group sold $2 billion of bonds in its first debt offering since it was rescued in 2008. The offering was an important test of whether investors think the insurer can stand on it…
Historians will look back on Washington’s bailout of GM and Wall Street as the right move. That’s because it’s now clear that the costs of doing nothing would have been far higher, and it turns out that taxpayers may suffer onl…
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…