WASHINGTON, March 18 (UPI) -- A U.S. House finance committee is calling on two key federal officials to learn more how the money bailing out financial institutions is being used.
NEW YORK, March 18 (UPI) -- Bailout funds given to American International Group Inc. may wind up in the hands of hedge funds that bet against the U.S. housing market, sources said.
WASHINGTON, March 18 (UPI) -- Outrage in Washington over American International Group Inc.'s bonus pay to executives could work for and against economic recovery efforts, sources said.
WASHINGTON, March 17 (UPI) -- President Barack Obama has "complete confidence" in Treasury Secretary Tim Geithner, ripped for not blocking an AIG bonus distribution, a spokesman said.
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.
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.
WASHINGTON, Oct. 8 (UPI) -- The U.S. Federal Reserve said it extended American International Group's line of credit by another $37 billion Wednesday.
