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American International Group

A collection of news and information related to American International Group published by this site and its partners.

Top American International Group Articles

Displaying items 100-110
  • Richard Cordray is best choice to head consumer bureau, Obama says

     
    Saying middle-class families needed a strong watchdog in Washington, President Obama on Monday nominated former Ohio Atty. Gen. Richard Cordray to head the new Consumer Financial Protection Bureau. "As Ohio's attorney general, Rich helped recover billions...
  • AIG reportedly considering an initial public offering of aircraft leasing firm

     
    American International Group Inc. is considering whether or not to sell part of Century City aircraft leasing giant International Lease Finance Corp. through a initial public offering, reports say....
  • Government: Unreasonable debt-ceiling denial

     
    This is a corrected version of the original post; see the note below. It's probably stupid of me to pick a fight with the folks at Reason, a bunch of smart people who have the distinct advantage of a clear......
  • Boeing earnings rise 20%, Northrop's fall 27% in second quarter

     
    Boeing Co. and Northrop Grumman Corp., two of the nation's largest aerospace companies, reported second quarter financial earnings Wednesday with differing results....
  • Bank of America shares tumble again

     
    Bank of America: News of another huge mortgage lawsuit targeting Bank of America Corp., and of a hedge-fund investor dumping BofA shares, sent the bank's stock tumbling Monday. Bank of America shares fell $1.18, or 14%, to $6.99 in midday trading Monday....
  • Wall Street Roundup: Bloody Monday. Buffett vs. Gross.

     
    Wall Street: Stocks have fallen fast in early trading on Monday morning as the markets absorb Standard & Poor's Friday-evening announcement that it is downgrading the United States' credit. Investing giant Bill Gross of PIMCO praised S&P for its move over...
  • For housing market, economic worries trump downgrades

     
    Concern over the future of the U.S. economy remains the biggest threat to the nation’s housing market, experts said, and not rating agency downgrades of the U.S. or mortgage finance titans Fannie Mae and Freddie Mac....
  • AIG's lawsuit against BofA illustrates more Countrywide woes

     
    Bank of America was hit with more troubles Monday when AIG filed a lawsuit against the company alleging that "massive fraud perpetrated by defendants Bank of America, Merrill Lynch, and Countrywide ... has resulted in more than $10 billion in damages to...
  • Wall Street Roundup: Analyzing Ben Bernanke; keeping the exchange open

     
    Gold: Trading now at $1,789 an ounce, up 1.5% from Thursday. Dow Jones industrial average: Trading now at 11,178.81, up 0.3% from Thursday. Analyzing Ben. Fed chief Ben Bernanke finally gave his highly anticipated speech and in good oracle-like fashion,.....
  • Century City aircraft leasing firm files for public offering

     
    Century City-based aircraft leasing company International Lease Finance Corp. unveiled plans for an initial public offering, a move that would take the firm out from under the wing of it parent company American International Group Inc....
  • Dave Weldon wishes to take back his vote on TARP

     
    Former U.S. Rep. Dave Weldon, who's running for the U.S. Senate, has posted a statement on his campaign website declaring that he regrets voting for theĀ federal Troubled Asset Relief Program (TARP) and wishes he could take back that 2008Ā vote. The TARP...