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American International Group

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Top American International Group Articles

Displaying items 56-66
  • 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...
  • Treasury official tapped to lead Commodity Futures Trading Commission

     Treasury official tapped to lead Commodity Futures Trading Commission
    WASHINGTON — President Obama tapped a senior Treasury official to take over as one of Wall Street's top regulators, leading the agency charged with overseeing complex financial derivatives. Obama said Tuesday he would nominate Timothy Massad to...
  • Former Treasury Secretary Timothy Geithner joins private equity firm

    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...
  • Letters: Deflating another housing bubble

    Re "Home prices surge, sales plunge," April 16 The remedy to working people being priced out of the housing market is to reform property taxes to protect residential property and, especially, homes owned by those who actually live in them. First,...
  • 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...
  • 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...
  • Fed releases transcripts of meetings from 2008 financial crisis

    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...
  • 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...
  • ETF that models billionaires' investments to launch in spring

    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...
  • Bernanke leaves legacy of stimulus and stagnation

    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...
  • Timothy Geithner unapologetic in memoir of the financial crisis

    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&...