AIG Chairman/CEO Liddy testifies on Capitol Hill
AIG Chairman and CEO Edward Liddy is sworn in prior to testifying before the House Oversight and Government Reform Committee on Capitol Hill in Washington on May 13, 2009. Liddy discussed America International Group's (AIG) financial situation. (UPI Photo/Roger L. Wollenberg)
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WASHINGTON, Oct. 2 (UPI) -- The U.S. Treasury's pay czar is planning to approve a $10.5 million pay deal for the head of American International Group, a source close to the office said.
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.
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.
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.
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.
HARTFORD, Conn., March 21 (UPI) -- American International Group Inc. employees were paid $218 million in bonuses, not $165 million, Connecticut Attorney General Richard Blumenthal said Saturday.
WASHINGTON, March 20 (UPI) -- The former head of U.S. insurance giant AIG says he wouldn't have paid the $165 million in retention bonuses that he asserts began after he left.
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.
WASHINGTON, March 18 (UPI) -- American International Group Inc. Chairman Edward Liddy was in full damage-control mode Wednesday over the $165 million in retention bonuses his gigantic financial firm paid executives after receiving $170 billion in U.S. government bailout money.
WASHINGTON, March 15 (UPI) -- U.S. Sen. Russ Feingold, D-Wis., is urging federal officials to prevent insurance giant AIG from paying out a reported $165 million in bonuses and compensation.
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