Most Active Articles 2009-11-23T23:09:49.502-05:00 Business Exchange Business_Exchange@businessweek.com urn:com:businessweek:bx:topic:most-active:aig nanette byrnes nbyrnes179 urn:com:businessweek:bx:article:9351408406212665735-4650a488a400314b7ffd440b7464de2a 2008-09-25T10:20:22.231-04:00

There’s nothing fundamentally wrong with the core insurance business units of AIG (NYSE:AIG). Nothing at all. What imploded the venerable insurance giant was an accumulation of misplaced bets on credit default swaps, says Money Morning Shah Gilani…

There’s nothing fundamentally wrong with the core insurance business units of AIG (NYSE:AIG). Nothing at all. What imploded the venerable insurance giant was an accumulation of misplaced bets on credit default swaps, says Money Morning Shah Gilani… http://www.contrarianprofits.com/articles/the-inside-story-of-the-collapse-of-aig/5641 Contrarian Profits cprofits175 3,218 3,207 10 1 urn:com:businessweek:bx:article:17607927124607947324-904fc110492029318d9d947ce3a94ac7 2009-03-06T12:18:02.109-05:00

NEW YORK (Fortune) -- Officials shouldn't reveal which Wall Street firms pocketed billions of dollars in the government's bailout of AIG, a top Federal Reserve official said. Firms that did business with the troubled insurer did so "expecting...

NEW YORK (Fortune) -- Officials shouldn't reveal which Wall Street firms pocketed billions of dollars in the government's bailout of AIG, a top Federal Reserve official said. Firms that did business with the troubled insurer did so "expecting... http://money.cnn.com/2009/03/05/news/fed.transparency.fortune/index.htm?postversion=2009030512 Maharshi Patel mpatel543 1,560 1,558 1 1 urn:com:businessweek:bx:article:4231883947483375213-b9f59e548fdff5cac6d47d5581769e91 2009-03-26T08:17:00.000-04:00

Angry about the AIG bonuses? Here's what should really disturb you. NEW YORK (Fortune) -- To understand what Washington is actually up to, you have to watch what it does, not what it

Angry about the AIG bonuses? Here's what should really disturb you. NEW YORK (Fortune) -- To understand what Washington is actually up to, you have to watch what it does, not what it http://c.moreover.com/click/here.pl?r1888622671&f=9791 806 806 0 0 urn:com:businessweek:bx:article:3222223005735281833-44e53ec5d9e0a3461cb870f8a9316b7b 2009-03-17T15:15:25.310-04:00

#1. The surprise about the government’s fury over the American International Group’s bonus payments is that it is coming now...

#1. The surprise about the government’s fury over the American International Group’s bonus payments is that it is coming now... http://dealbook.blogs.nytimes.com/2009/03/17/seven-sad-truths-about-aig/ Shirley Brady sbrady224 815 813 1 1 urn:com:businessweek:bx:article:15087453664667240772-51637b1a543865d769be91ad19f93057 2009-11-11T17:19:50.821-05:00

American International Group Inc. (NYSE:AIG) CEO Robert Benmosche has apparently told the insurer's board that he is considering stepping down due to government constraints over compensation. (see update after jump) Is this really surprising?

American International Group Inc. (NYSE:AIG) CEO Robert Benmosche has apparently told the insurer's board that he is considering stepping down due to government constraints over compensation. (see update after jump) Is this really surprising? http://www.thedeal.com/dealscape/2009/11/aigs_benmosche.php Brennen Wysong bwysong598 6 6 0 0 urn:com:businessweek:bx:article:16872199075360386686-652009c9c23941a4b5d1cfc4b577fabb 2008-09-16T20:59:32.833-04:00

In an extraordinary turn, the Federal Reserve was close to a deal Tuesday night to take a nearly 80 percent stake in the troubled giant insurance company, the American International Group, in exchange for an $85 billion loan, according to people briefed on the negotiations.

In an extraordinary turn, the Federal Reserve was close to a deal Tuesday night to take a nearly 80 percent stake in the troubled giant insurance company, the American International Group, in exchange for an $85 billion loan, according to people briefed on the negotiations. http://www.nytimes.com/2008/09/17/business/17insure.html?hp John A. Byrne jbyrne076 853 835 16 2 urn:com:businessweek:bx:article:8564764294465894165-44dbc02ea18ff830984ec2def459ba9d 2008-09-16T09:42:04.463-04:00

“I would radically have to change my view about where the market’s going to go if AIG failed, because it’s so unquantifiable what they have.”

“I would radically have to change my view about where the market’s going to go if AIG failed, because it’s so unquantifiable what they have.” http://www.cnbc.com/id/26720594 Shirley Brady sbrady224 834 824 10 0 urn:com:businessweek:bx:article:13938251452889026628-c051d870f29d54c9b039ac71f3d30b02 2009-03-02T12:28:47.871-05:00

"AIG is really no longer with us" Posted by: Diane Brady on March 02 To the average U.S. taxpayer, the math may not sound right: After pumping in about $150 billion of federal money, American International Group posts a quarterly loss of almost $62...

"AIG is really no longer with us" Posted by: Diane Brady on March 02 To the average U.S. taxpayer, the math may not sound right: After pumping in about $150 billion of federal money, American International Group posts a quarterly loss of almost $62... http://www.businessweek.com/careers/managementiq/archives/2009/03/how_many_times.html Diane Brady dbrady877 334 331 3 0 urn:com:businessweek:bx:article:6441820596489111213-6077fdcfde420003e491a2cca31129e7 2009-03-02T11:17:46.315-05:00

In the midst of its negotiation with the federal government over revised terms of its bailout, AIG sued the U.S. on Friday over a disputed $306 million in taxes, interest and penalties.

In the midst of its negotiation with the federal government over revised terms of its bailout, AIG sued the U.S. on Friday over a disputed $306 million in taxes, interest and penalties. http://www.businessinsider.com/aig-sues-its-sugar-daddy-uncle-sam-2009-3 Shirley Brady sbrady224 324 324 0 0 urn:com:businessweek:bx:article:9298914236336031474-02be78e4a734ba9e862b45b78880947c 2009-11-06T15:56:00.350-05:00

American International Group Inc. (NYSE:AIG) reported a profit of $455 million in the third quarter, but it didn't hold a conference call. The insurer's turnaround is a big reversal from a net loss of $24.5 billion, or $181.02 per diluted share, in...

American International Group Inc. (NYSE:AIG) reported a profit of $455 million in the third quarter, but it didn't hold a conference call. The insurer's turnaround is a big reversal from a net loss of $24.5 billion, or $181.02 per diluted share, in... http://www.thedeal.com/dealscape/2009/11/a_closer_look_at_aigs_earnings.php Brennen Wysong bwysong598 9 9 0 0 urn:com:businessweek:bx:article:10945932021425842859-c304a8f7d25fb63cd3a9964165ffba97 2009-03-16T08:46:16.000-04:00

Troubled insurer American International Group Inc., now 80% owned by U.S. taxpayers, spent the weekend deflecting mounting criticism of how government funds have been funneled to various banks and used to pay employee bonuses at the business unit that almost sank the company.

Troubled insurer American International Group Inc., now 80% owned by U.S. taxpayers, spent the weekend deflecting mounting criticism of how government funds have been funneled to various banks and used to pay employee bonuses at the business unit that almost sank the company. http://online.wsj.com/article/SB123715965204435363.html?mod=googlenews_wsj Shirley Brady sbrady224 250 248 1 1 urn:com:businessweek:bx:article:1431481936015189109-cbdb81aa4242161e687ae265c1113393 2009-11-09T20:27:48.514-05:00

From Goldman Sachs to Bernie Madoff, investment management has gotten a bad rep. Watch a video on a small firm in this industry that helps turn this view around.

From Goldman Sachs to Bernie Madoff, investment management has gotten a bad rep. Watch a video on a small firm in this industry that helps turn this view around. http://blog.winningworkplaces.org/blog/winning-workplaces/0/0/bailard-inc-props-up-investment-managements-rep Mark Harbeke mharbeke724 1 1 0 0 urn:com:businessweek:bx:article:12720727641272560336-ebaaf306132ddf80a822983797099957 2008-09-25T09:58:31.145-04:00

AIG (AIG), the largest U.S. insurance company by assets, may have to sell more than half its businesses to repay the $85 billion federal loan package it received last week. But it could actually reap as much as $115 billion by selling all its business units, analysts at Credit Suisse (ADR: CS) said yesterday.

AIG (AIG), the largest U.S. insurance company by assets, may have to sell more than half its businesses to repay the $85 billion federal loan package it received last week. But it could actually reap as much as $115 billion by selling all its business units, analysts at Credit Suisse (ADR: CS) said yesterday. http://www.contrarianprofits.com/articles/aig-could-make-115-billion-off-asset-sales/5691 Contrarian Profits cprofits175 516 512 4 0 urn:com:businessweek:bx:article:9763264483343422821-6a36d58932c13a64b1d50706d49addcd 2009-11-04T14:38:39.260-05:00

American International Group Inc.'s (NYSE:AIG) stock rose 14%, up to $39.22 Tuesday, and Wednesday shares are down 6%. Analysts have maintained that no stock is as overvalued as AIG's. So what's going on? The Wall Street Journal says: Standard &...

American International Group Inc.'s (NYSE:AIG) stock rose 14%, up to $39.22 Tuesday, and Wednesday shares are down 6%. Analysts have maintained that no stock is as overvalued as AIG's. So what's going on? The Wall Street Journal says: Standard &... http://www.thedeal.com/dealscape/2009/11/whats_with_aigs_stock.php Brennen Wysong bwysong598 6 6 0 0 urn:com:businessweek:bx:article:5987137359783637323-cf121bef3a9c7c21a452cde6013efc85 2009-11-03T15:27:03.604-05:00

American International Group Inc. (NYSE:AIG) will report third-quarter earnings on Friday. Credit Suisse Group AG (NYSE:CS) estimates AIG will earn $4.50 a share, compared with a prior estimate of $1.40. "The insurer's book value per share, a...

American International Group Inc. (NYSE:AIG) will report third-quarter earnings on Friday. Credit Suisse Group AG (NYSE:CS) estimates AIG will earn $4.50 a share, compared with a prior estimate of $1.40. "The insurer's book value per share, a... http://www.thedeal.com/dealscape/2009/11/aig_third_quarter_earnings_pre.php Brennen Wysong bwysong598 6 6 0 0 urn:com:businessweek:bx:article:13770735211962418871-97ec3b91010d0d719348473af5319fde 2009-03-11T15:16:00.000-04:00

CNBC...

CNBC... http://www.fark.com/cgi/comments.pl?IDLink=4261810 191 191 0 0 urn:com:businessweek:bx:article:13967536264406014920-194a8ced99a14dd43b2e58b71550396a 2009-01-30T11:54:32.291-05:00

Becoming a ward of the U.S. government has been a blessing for insurance giant American International Group -- and a curse.

Becoming a ward of the U.S. government has been a blessing for insurance giant American International Group -- and a curse. http://www.washingtonpost.com/wp-dyn/content/article/2009/01/29/AR2009012903999.html Lauren Young lyoung404 234 234 0 0 urn:com:businessweek:bx:article:16525916238341783615-d34118ca10e29e6c6ab7f5aa3c071513 2008-10-07T17:18:00.000-04:00

Now that AIG has been nationalized, some folks are wondering just how their tax dollars are being spent.

Now that AIG has been nationalized, some folks are wondering just how their tax dollars are being spent. http://feeds.gawker.com/~r/consumerist/full/~3/414174057/after-the-bailout-aig-bought-themselves-a-440000-retreat-at-a-california-resort 370 368 2 0 urn:com:businessweek:bx:article:1537252845458409033-80437237e9c6d21b02c136d689e7e4c1 2009-11-06T15:57:26.138-05:00

Mike Foster of Financial News made the claim in a Wednesday article that investment bankers, precrisis, suffered from "Agassi Syndrome," compelling them to take on too much risk. Or more, they had "moments of madness," common among people with...

Mike Foster of Financial News made the claim in a Wednesday article that investment bankers, precrisis, suffered from "Agassi Syndrome," compelling them to take on too much risk. Or more, they had "moments of madness," common among people with... http://www.thedeal.com/dealscape/2009/11/wall_street_agassi_overconfidence.php Brennen Wysong bwysong598 1 1 0 0 urn:com:businessweek:bx:article:14954535437598622950-bd2eecd318049975150eeee197563780 2009-03-16T14:28:35.047-04:00

Any attorney who advises that these bonuses are appropriate ought to have his or her head checked. Base salary, maybe, if not outrageous. No bonus. No severance unless everybody else also received proportionate assistance. Don’t care what the contract says - attack it in bk or wind down - I saw it many times in the Silicon Valley meltdown.

Any attorney who advises that these bonuses are appropriate ought to have his or her head checked. Base salary, maybe, if not outrageous. No bonus. No severance unless everybody else also received proportionate assistance. Don’t care what the contract says - attack it in bk or wind down - I saw it many times in the Silicon Valley meltdown. http://information-security-resources.com/2009/03/16/aig-is-obligated-to-pay-bonuses-bull/ Anthony M. Freed afreed536 172 171 0 1 urn:com:businessweek:bx:article:3273322368179386029-4046389874c11e42ed6303cc855b5fdc 2009-03-03T20:17:02.390-05:00

The AIG Bailout: It is not about regulation and de-regulation, as Washington lawmakers would like you to believe. It is also not about the inability to control derivative transactions, as self-styled experts are claiming on your television sets.

The AIG Bailout: It is not about regulation and de-regulation, as Washington lawmakers would like you to believe. It is also not about the inability to control derivative transactions, as self-styled experts are claiming on your television sets. http://yourmortgageoryourlife.wordpress.com/2009/03/03/aig-the-nexus-of-capital-debt-and-insurance/ Anthony M. Freed afreed536 175 174 1 0 urn:com:businessweek:bx:article:16748958796373131168-dc9c197c997524ae6f8b8d77d3f4dfb3 2009-01-14T17:10:35.420-05:00

The story behind AIG's fall

The story behind AIG's fall http://www.washingtonpost.com/wp-srv/business/risk/index.html nanette byrnes nbyrnes179 219 219 0 0 urn:com:businessweek:bx:article:11301969332505154424-563e18fc1c14334fc833ffbe81b682f9 2008-09-16T19:39:41.783-04:00

WSJ.com posts a letter sent today by former AIG CEO Hank Greenberg's plea to current chairman and CEO Robert Willumstad (PDF)

WSJ.com posts a letter sent today by former AIG CEO Hank Greenberg's plea to current chairman and CEO Robert Willumstad (PDF) http://online.wsj.com/public/resources/documents/AIG09162008.pdf Shirley Brady sbrady224 347 337 9 1 urn:com:businessweek:bx:article:10228147071275607551-2670a7cf5b8e46aa58f230ff51590a93 2008-09-26T05:48:07.089-04:00

rivals close in and customers consider going elsewhere Since taking over as chief executive of ailing insurance giant American International Group (AIG) on Sept. 18, Edward M. Liddy has given few details of his plan for reviving the company. But one

rivals close in and customers consider going elsewhere Since taking over as chief executive of ailing insurance giant American International Group (AIG) on Sept. 18, Edward M. Liddy has given few details of his plan for reviving the company. But one http://c.moreover.com/click/here.pl?r1617231415&f=9791 332 330 2 0 urn:com:businessweek:bx:article:9929370978632456239-92693d5535cc7399eb901411841ca965 2008-09-16T09:21:41.745-04:00

http://www.businessweek.com/bwdaily/dnflash/content/sep2008/db20080915_552271.htm?chan=top+news_top+news+index+-+temp_top+story Peter Elstrom pelstrom077 327 315 12 0