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American International Group

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Top American International Group Articles see all

Displaying items 1-5
  • GM, Chrysler Execs Could Face Pay Cuts

     
    The U.S. Treasury Department under the leadership of so-called ???pay czar??? Kenneth Feinberg has ordered pay cuts for the top 25 executives at seven companies, including GM and Chrysler, that received substantial federal aid. While banks and the insurance co
  • Ben Bernanke: Time person of the year

     
    by Mark Silva Federal Reserve Chairman Ben Bernanke, a student of the Great Depression who has fought to avert another one, is Time magazine's "person of the year.'' It was Bernanke, and then-Treasury Secretary Henry Paulson, who were said to...

    Top stories, 2009: Economy, health care

     
    by Mark Silva The economy was the big story of 2009. That and health care. From the start of the year, Americans have paid close attention to both an unfolding economic crisis, the Pew Research Center has found in a...

    Obama to banks: 'Collecting every dime'

     
    by Mark Silva It was the "irresponsibility'' of the nation's big banks that created a credit crisis that "nearly pulled the entire economy into a second Great Depression,'' President Barack Obama says, and now it's their responsibilty to ensure that...

    Bernanke's second term secured

     
    by Mark Silva and updated Federal Reserve Chairman Ben Bernanke, who presided over the federal government's handling of the worst economic crisis since the Great Depression, has won Senate confirmation for a second four-year term today. Bernanke's...