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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 56-66
  • 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,...
  • 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...
  • AIG to sell aircraft-leasing unit ILFC to AerCap for $5.4 billion

    Insurance giant American International Group Inc. announced it would sell a majority of its Century City aircraft-leasing unit to Netherlands-based AerCap Holdings, in a deal valued at $5.4 billion in cash and stock. The deal for International Lease...
  • BofA's legal costs mount in Countrywide mortgage fiasco

    BofA's legal costs mount in Countrywide mortgage fiasco
    NEW YORK — A federal judge will soon decide how much Bank of America should pay for some of Countrywide Financial Corp.'s sins in the lead-up to the financial crisis. Federal prosecutors want BofA to pay $864 million after the bank's stinging...
  • 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...
  • 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...
  • 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,......
  • Ten Maryland banks remain in TARP, while Treasury winds down program

    Ten Maryland banks remain in TARP, while Treasury winds down program
    Delmar Bancorp has no regrets about taking a $9 million investment from the federal Troubled Asset Relief Program, even though some banks have rushed for the exit. "We did it as an abundance of caution," said Ed Thomas, president of the parent of Bank of...