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... should face up to the fact that we’re not going to get our money back from AIG.
We should start acting like we own them rather than like we currently are.
Unless we change the way we are thinking and acting, the ... intrusive oversight would be entirely reasonable.
So let us not forget the first premise: whatever results AIG is reporting are misstated. They reflect an indefensible subsidy from ...
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... and its former chief executive officer, Maurice R. "Hank" Greenberg, are in advanced talks to resolve various legal fights, according to people familiar with the matter.
A deal could include AIG paying for any future settlement of charges brought against Mr. Greenberg in 2005 by the New York Attorney General's Office, whose accounting investigation precipitated Mr. Greenberg' ...
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... taxpayer assistance.
Continued government support will be necessary until AIG can restructure its operations. But that government assistance carries ... company does not make enough profit to repay its loans, AIG has agreed to sell off two huge chunks of its business ... repay the government in full for three to five years.
A spokesman for AIG said Monday that the insurer continues to work with government ...
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... from congressional investigators that cast doubt on whether efforts by AIG to restructure its operations and fully repay the government the ... , and continued government support,' the report said.
AIG was on the brink of bankruptcy in September 2008 when the government offered ... meltdown that triggered a global financial crisis.
The AIG bailout was the biggest in a series of government rescues ...
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... It turns out that no one quite knows the answer to the second question, either. Some who follow AIG have told us that they can’t really analyze it. Others have said that they don’t even spend much ... AIG’s numbers on faith. This worked out for a while, but when it became clear that AIG’s own managers could not understand their own company in 2008, ...
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... mistake "as reflected perhaps most clearly by the fact that its agreement with AIG included no provisions relating to executive compensation ... Wednesday, he said that officials at the New York Fed were still struggling with AIG's compensation structure when he finished his audit ... administration's pay czar has asked AIG to withhold some of the millions in bonuses promised to its employees ...
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