Yesterday on ABC’s This Week, Larry Summers, head of President Obama’s National Economic Council, called insurance giant AIG’s plan to pay out $165 million in bonuses “outrageous” but insisted there w.
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Steve Miller, who is replacing Harry Golub as chairman of AIG, oversaw the bankruptcy of Delphi Corp., once the largest U.S. auto-parts supplier, and helped Chrysler return to profitability back in th.
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BRET BAIER, HOST: The bonuses the president is talking about, AIG, the insurance giant, paying bonuses. I think the difference with AIG and the auto companies is that AIG has its tentacles and its.
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JUST how concerned should American taxpayers be about American International Group (AIG), the insurance company brought to its knees by its escapades in the credit-derivatives market? On November 10th.
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AIG had planned to pay a total of $475 million in “retention bonuses” to employees in its financial products division, covering the years 2008 and 2009. This includes $168 million in March 2009 and th.
Sean Hanlon is Chairman, CEO and Co-Chief Investment Officer of Hanlon Investment Management, which he founded in 1999. After graduating from Stevens in 1980, with a.
American International Group Inc. ( AIG ) said that David McElroy will join the company as Chief Executive Officer of Lexington Insurance Company at a date to be determined. McElroy will lead Lexingto.
Bernanke testified in federal court Thursday that insurance giant American International Group Inc. had to be rescued by the government in 2008 to avert global catastrophe. Bernanke took the stand at.
Jeremy Clarkson considers it bad taste to discuss money, possibly the only subject the outspoken Top Gear front man and columnist declines to pronounce on. So we.
AIG is undoubtedly one of the best-known insurance companies in Singapore – so much so that the odds are, if you’ve owned a car in Singapore, you’ve bought car.
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(CNN)– The monumental quarterly loss revealed by U.S. insurance giant AIG of $62 billion is. 303 million people would have to pay $204 each to repay AIG’s losses. 8. Given an average used car pric.