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AIG's Liddy to retire as CEO, chairman

May. 22, 2009
American International Group Inc. announced Thursday that Edward M. Liddy was stepping down as chairman and chief executive of the troubled insurance giant but that he planned to remain until the company's board of directors names his successor.
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Liddy to leave AIG

Liddy to leave AIG

NEW YORK, May 21 (UPI) -- Edward Liddy, chosen last year by the Federal Reserve to run U.S. insurance giant AIG, announced his resignation Thursday.
Liddy says AIG on track for 5-year payback

Liddy says AIG on track for 5-year payback

WASHINGTON, May 14 (UPI) -- American International Group Inc. chief Edward Liddy said the beleaguered U.S. insurance giant could repay government bailout funds within 5 years.
AIG sells $1.2B Tokyo property

AIG sells $1.2B Tokyo property

NEW YORK, May 11 (UPI) -- U.S. insurance giant American International Group Inc. said it had agreed to sell one of the most coveted addresses in Tokyo for $1.2 billion.
AIG chief sees company fading away

AIG chief sees company fading away

NEW YORK, April 13 (UPI) -- American International Group Inc. Chief Executive Officer Edward Liddy said he imagined the one-time corporate giant would shrink beyond recognition.
Liddy says he asked for return of bonuses

Liddy says he asked for return of bonuses

WASHINGTON, March 18 (UPI) -- AIG executives and employees have been asked to return at least half of bonuses they received, the insurance giant's chief told a U.S. House panel Wednesday.

AIG giving millions in bonuses

WASHINGTON, March 14 (UPI) -- American International Group Inc., which has received $170 billion in U.S. aid, is handing out millions in bonuses, The Washington Post reported Saturday.
AIG losses record $62 billion in quarter

AIG losses record $62 billion in quarter

WASHINGTON, March 2 (UPI) -- U.S. insurance giant AIG said it lost $61.65 billion in the fourth quarter, a sharp about-face from fourth quarter 2007, when the company gained $5.2 billion.
Federal loan prompts AIG sale

Federal loan prompts AIG sale

NEW YORK, Oct. 3 (UPI) -- Insurance giant American International Group said Friday much of the business was for sale in order to pay off a huge debt to the U.S. government.
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Vietnam Veterans Memorial Commemorated in Washington
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A U.S. Air Force B-52 flies over the Vietnam Veterans Memorial during commemoration of 50th anniversary of the war on May 28, 2012 in Washington, DC. President Barack Obama is at the base of the wall left center. More than 58,000 names of the servicemen who were killed or missing in the war are engraved on The Wall. The B-52 bomber was used extensively during the Vietnam War. UPI/Pat Benic