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American International Group

 
1 through 20 of 431 matching documents, newest pages first.   Sort by relevance

Financial Stability Oversight Council Names AIG, Pru as Potential SIFIs
American International Group Inc. and Prudential Financial Inc. said the Financial Stability Oversight Council has proposed that they be designated as "systemically important ...
Source: BestWire   Date: June 4, 2013
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AIG Drops Lawsuit Against New York Fed Over Financial Bailout
American International Group Inc. has agreed to dismiss its lawsuit against the Federal Reserve Bank of New York related to the financial bailout the company received during the ...
Source: BestWire   Date: May 31, 2013
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Fed to Sell Last Government-Owned AIG Stock
Benmosche said in a statement. "Thank you America. Let's bring on tomorrow," he said. Since September 2008, the United States authorized a bailout of up to $182.3 billion to ...
Source: BestWire   Date: December 11, 2012
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Maiden Lane III Pays Back Federal Loan
Reserve Bank of New York said. Regulators used the federal loan to create Maiden Lane III, which purchased $29.3 billion in multisector collateralized debt obligations from certain ...
Source: BestWire   Date: June 15, 2012
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GAO: US Could Make $15 Billion Profit From AIG Bailout
American International Group Inc. received in 2008, according to a report by the U.S. Government Accountability Office. The GAO report said while the current outlook on the ...
Source: BestWire   Date: May 8, 2012
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US Treasury Freezes Executive Compensation at AIG, Ally Financial
Geoghegan said in a statement. The Treasury-mandated compensation packages require the companies to pay most executive compensation-83% in 2012-in the form of stock, ensuring that ...
Source: BestWire   Date: April 10, 2012
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Panama's New Insurance Law Opens New Channels in a Growing Insurance Market
Antonio Eleta, general manager of Panama for Pan-American Life Group. Unlike past versions of the bill, which have surfaced several times since 2008, the new law had been broadly ...
Source: BestWire   Date: April 4, 2012
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Starr Continues to Allege Federal Government Unlawfully Took Over AIG
Starr International Co. is continuing to allege the federal government unlawfully took over American International Group Inc. and is requesting a judge turn down the federal ...
Source: BestWire   Date: April 2, 2012
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AIG Makes Another Payment to Fed, Reduces Government Support to $44.7 Billion
American International Group Inc., which was bailed out by the federal government in 2008, said it's made a $1.5 billion payment to the U.S. Treasury Department to pay back the ...
Source: BestWire   Date: March 23, 2012
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US Government to Sell $6 Billion in AIG Shares
International Lease Finance Corp. and AIA Group - currently supporting repayment of the preferred interests in the special purpose vehicle. "The bottom line is this: the people of ...
Source: BestWire   Date: March 8, 2012
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Federal Government Moves to Dismiss Starr Lawsuit That Claims Fed Unlawfully Took Over AIG
Starr failed to state a claim. While the federal government stepped in with emergency loans to help a number of companies - including foreign banks - facing liquidity issues during ...
Source: BestWire   Date: March 5, 2012
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New York Fed Sells Remaining $6 Billion in Maiden Lane II Securities
York Fed, in a statement. The transaction was prompted by an unsolicited offer from Morgan Stanley & Co. LLC to BlackRock Solutions, the investment manager for Maiden Lane II, to ...
Source: BestWire   Date: March 5, 2012
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SEC to AIG: Disclose Minimum Guaranteed Interest Rates in Filings
December after the company filed its Form 10-Q for the third quarter. In the letter, the SEC noted AIG said its SunAmerica unit's annuity and universal life products have minimum ...
Source: BestWire   Date: February 13, 2012
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New York Fed Sells $7 Billion in Former AIG Assets
Maiden Lane II, to conduct the competitive sale after Goldman Sachs & Co. made an unsolicited offer in January to buy a portion of the assets. The four broker-dealers involved in ...
Source: BestWire   Date: January 26, 2012
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Starr International Files Class Action vs. US Government, Charging an Unconstitutional Bailout
Starr International Co. Inc. filed a proposed class-action suit in federal court Nov. 21 against the U.S. government, alleging the federal bailout of American International Group ...
Source: BestWire   Date: November 21, 2011
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Perspectives: IAIS Ponders the Experiences of Insurers in the 2008 Financial Crisis
Asia life unit, AIA Ltd., in Singapore and Hong Kong, as worried policyholders feared the parent company's troubles would hit the underwriting subsidiaries, the report noted in ...
Source: BestWire   Date: November 21, 2011
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Florida Workers' Comp Rate on Target For 8.9% Hike
Compensation Insurance until Oct. 31 to resolve issues that are secondary to the overall 8.9% increase that would affect some 600 employment classifications. While McCarty ...
Source: BestWire   Date: October 25, 2011
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AIG Loses Bid to Move $10 Billion Suit Against Bank of America Back to State Court
Judge Barbara Jones of the U.S. District Court for the Southern District of New York disagreed, determining the case should proceed under federal law as Bank of America requested ...
Source: BestWire   Date: October 21, 2011
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Chartis to Cut Less Than 1% of Work Force
National Union Fire Insurance Company of Pittsburgh, Pa. The group's financial data is consolidated with the separately rated Lexington Insurance Pool and represents virtually all ...
Source: BestWire   Date: October 4, 2011
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AIG Returns to Its Brand Name, Markets Term Life Directly to US Consumers
American International Group Inc. has started advertising term life insurance using the AIG name, representing the first time in the United States since the financial crisis of ...
Source: BestWire   Date: September 19, 2011
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