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AIG CEO: "At Least Two Years" to Repay Government - FOXBusiness.com
19 hours ago ago from FOX Business
Existing users please login User Name: Password: Remember me on this computer Home / Markets / Industries / Finance Monday, December 21, 2009 AIG CEO: "At Least Two Years" to Repay Government  By Ken Sweet FOXBusiness  Government-owned insurance ...
Related contentJanet Tavakoli: Treasury Cover-Up of Goldman's Role in AIG Crisis?
4 hours ago ago from Huffington Post
In November 2009, I wrote the Huffington Post that Goldman Sachs Group nearly bankrupted AIG . In December, the Wall Street Journal explained to the general public that Goldman fueled AIG's gambling and played a much bigger role in the mortgage bets that nearly felled American Insurance Group (AIG) than the Treasury, the Fed, or Goldman itself publicly disclosed. The TARP Inspector General's November 17 report missed the most damaging ...
Related contentTreasury Revises AIG Pay Ruling
14 hours ago ago from Wall Street Journal
One highly paid employee of American International Group Inc. won't be leaving the company as planned before year's end, prompting the U.S. Treasury to revise a recent decision on pay limitations for the employee. In a letter to AIG dated Monday, Treasury pay czar Kenneth Feinberg said he will allow AIG to pay the employee among the company's 25 highest compensated about $4.3 million in incentive payments on top of an annual $450,000 ...
Related contentJim Wallis: AIG: We Shall Know the Truth
18 hours ago ago from Huffington Post
"You shall know the truth, and the truth shall set you free." Those are the words of Jesus, and they couldn't be more relevant that they are today on Wall Street. Some very large financial giants triggered a massive economic crisis that has caused suffering for millions of people, and we still don't know exactly what happened. It's time to learn the truth behind the irresponsible, risky and selfish behaviors that plunged our nation and so ...
Related contentPay Czar Agrees To Boost Unnamed AIG Exec's Pay Package By $4 Million
10 hours ago ago from Huffington Post
WASHINGTON A top executive of American International Group Inc. has been granted a $4.3 million pay-package bump by the troubled insurance giant's majority owner the U.S. government because the executive has decided to remain with the company. Kenneth Feinberg, the Obama administration's pay czar, approved an AIG request to grant the executive a long-term compensation package that includes stock options with a current value of $3.26 million ...
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