American International Group Inc
NYSE: AIG
$75.60
+$0.97 (+1.3%)
Closing Price on October 9, 2024
AIG Articles
One of the things that Congress and the Administration knows but do not want to admit in public is that bailouts are messy affairs where most of what is planned does not work and one of the...
Published:
Last Updated:
According to Reuters, a price battle among goods makers is beginning. Reuters reports that payments to AIG (AIG) employees is causing rage among people already concerned about the bailout. Reuters...
Published:
Last Updated:
After days or pressure from Congress and the public, AIG (AIG) released data about which counterparties to it credit default swap portfolio got large chunks of money from the federal government...
Published:
Last Updated:
According to The Wall Street Journal, AIG (AIG) will pay $450 million in bonuses to people in the firm’s financial products group, where may of the insurance company’s losses originated. The...
Published:
Last Updated:
There has been quite a lot of news on Berkshire Hathaway Inc. (NYSE: BRK-A) and Warren Buffett in the last 12 hours. Bond and credit ratings agency Fitch downgraded the conglomerate. Buffett also...
Published:
Last Updated:
According to Reuters, investors in GE (GE) are still worried that the stock will not recover to its highs of last year. Reuters reports that Madoff pleaded guilty of 11 charges of fraud. Reuters...
Published:
Last Updated:
A new Reuters poll of economists does not offer much hope for an improvement in the nation’s financial condition. Many see unemployment topping 10%. The news service reports that “Median...
Published:
Last Updated:
According to Reuters, Madoff will plead guilty. Reuters reports that most consumers do not expect any recovery until 2010. Reuters reports that Bernanke says new management at AIG (AIG) has curbed...
Published:
Last Updated:
According to the head of the FDIC, a “bad bank” system could jumpstart the US economy. Reuters reports that some economists believe that the US economy will start to rebound in the second half of...
Published:
Last Updated:
Other companies that need federal bailouts should use the AIG (AIG) approach. It told the the government that if it did not get a large slug of money the global financial system would burn to the...
Published:
Last Updated:
According to Reuters, Japanese gloom deepened and the government encouraged more coordination with the US. Reuters reports that AIG (AIG) got billions of dollars from the government that it paid out...
Published:
Last Updated:
According to Reuters, Obama will start work on getting his healthcare plan passed. Reuters reports that February joblessness is estimated to rise 648,000 for February. Reuters reports that the pick...
Published:
Last Updated:
The Dow Jones industrial average, or DJIA, is perhaps the mostly widely recognized index in the world. When people talk about “The Market” in cabs and in bars, and on the phone, they do not...
Published:
Last Updated:
According to Reuters, Obama spoke about the economy with optimism as his aides defended the budget. Reuters reports that a Senate panel will question Swiss banking’s secrecy policy. Reuters reports...
Published:
Last Updated:
GE (GE) Growing concern that financial division will have heavy write-offs. Drops to $6.85 from a 52-week high of $38.52. MetLife (MET) One of many insurance companies being pulled down by AIG...
Published:
Last Updated: