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AIG Discloses $75 Billion in Bailout Payments

Mar. 16, 2009
In the six months since the government's bailout of insurance giant American International Group, a rescue that has become increasingly costly and contentious, one question has loomed above all others: Where did the money go?
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Obama: Geithner to try to halt AIG bonuses

Obama: Geithner to try to halt AIG bonuses

WASHINGTON, March 16 (UPI) -- U.S. President Barack Obama said Monday he asked the U.S. treasury secretary to "pursue every legal avenue" to block bonuses paid by American Insurance Group.
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.

Competitors urge scrutiny of AIG bailout

WASHINGTON, March 1 (UPI) -- An insurance trade group says U.S. government bailouts for American International Group Inc. must not be used by the firm for competitive advantages.
AIG sale a $308 million pittance

AIG sale a $308 million pittance

NEW YORK, Jan. 14 (UPI) -- U.S. insurance giant American International Group's sale of AIG Life Insurance of Canada is a small step in its recovery process, an analyst said.

AIG to distribute deferred worker pay

NEW YORK, Nov. 15 (UPI) -- American International Group Inc. says it will distribute $503 million in deferred compensation to its employees, removing an incentive for them to quit.

Group assembled to sell AIG's assets

NEW YORK, Sept. 18 (UPI) -- New York and Pennsylvania insurance regulators will work with American International Group Inc. to unload the firm's insurance assets, officials said.

AIG buys marine insurance business

NEW YORK, Oct. 3 (UPI) -- American International Group Inc. has purchased the U.S. ocean marine business of Arch Insurance Co.

AIG reveals personal data theft

NEW YORK, June 15 (UPI) -- Giant insurer American International Group says personal data on 930,000 people has been stolen.

AIG officials facing possible indictments

NEW YORK, May 20 (UPI) -- New York state prosecutors presented evidence Friday to a grand jury investigating possible criminal conduct by leaders of American International Group Inc.

Brazil's Gol airlines attracts AIG cash

RIO DE JANEIRO, Feb. 7 (UPI) --
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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