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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 12-22
  • Timothy Geithner unapologetic in memoir of the financial crisis

    Former Treasury Secretary Timothy F. Geithner never seemed to fit in the nation’s capital. And he knew it. He begins his memoir, “Stress Test: Reflections on Financial Crises,” by admitting that he was “an unorthodox choice&...
  • Cha-ching: Gov. candidates offer fund-raising details

     
    The old saying goes that the devil is in the details, and while that's a tired old maxim, it really does apply to the murky world of campaign finance. While Lucifer himself may not show up on anyone's year-end reports,......
  • ETF that models billionaires' investments to launch in spring

    IBillionaire Inc., a company that models investments of the world's wealthiest people, plans to offer an exchange traded fund this spring that will allow the public to "invest like a billionaire," its top executive said Tuesday. After receiving about $1...
  • Fed releases transcripts of meetings from 2008 financial crisis

    WASHINGTON -- The Federal Reserve on Friday released transcripts of its 2008 meetings when central bank policymakers were grappling with the financial crisis. The transcripts from official Federal Open Market Committee sessions are made public after...
  • Lawsuit challenges a Hollywood pillar: Unpaid internships

    Lawsuit challenges a Hollywood pillar: Unpaid internships
    Melvin Mar's entrée to Hollywood was far from glamorous. As an unpaid intern for "Platoon" producer Arnold Kopelson, Mar was responsible for fetching his boss' lunch of matzo ball soup every day. Mar calculated to the minute how long it would take to...
  • This could be the right time for 'go-anywhere' mutual funds

    Over the last six years, roaring bears and raging bulls both have had their turns to be right about financial markets. But investing success in the next market phase could be far more about pinpointing individual opportunities than riding a wave. This...
  • Bernanke leaves legacy of stimulus and stagnation

    WASHINGTON — As Ben S. Bernanke walks away from the Federal Reserve's marble headquarters on the Mall after presiding over his last policy meeting Wednesday, he will leave behind a bittersweet legacy. On one hand, his unprecedented efforts to...
  • Transcripts detail Fed's struggles amid 2008 financial crisis

    Transcripts detail Fed's struggles amid 2008 financial crisis
    WASHINGTON — The day after Lehman Bros. filed for bankruptcy in September 2008, Federal Reserve policymakers hadn't yet grasped the scope of the financial storm blowing overhead. What was clear to them as they gathered for a regularly scheduled...
  • Obama to tap Treasury official for key Wall Street oversight post

    Obama to tap Treasury official for key Wall Street oversight post
    WASHINGTON -- President Obama on Tuesday will nominate the Treasury Department official in charge of the $800-billion financial bailout fund to be the next chairman of the Commodity Futures Trading Commission, which oversees the complex derivatives...
  • AIG selling aircraft-leasing business for $5.4 billion to AerCap

    AIG selling aircraft-leasing business for $5.4 billion to AerCap
    AIG announced Monday it is selling its aircraft-leasing business International Lease Finance Corp. for $5.4 billion in cash and stocks to Netherlands-based AerCap Holdings.  The announced sale comes five years after American International Group first...
  • Former Treasury Secretary Timothy Geithner joins private equity firm

    WASHINGTON -- Former Secretary of the Treasury Timothy F. Geithner is becoming a financial industry executive, taking a high-level job with the private-equity firm Warburg Pincus, the firm announced Saturday. Geithner, who was a major player in the...