A number of powerful players took a huge fall from grace this past year, while one iconic figure staged a major comeback in the midst of the financial meltdown that almost destroyed the biggest
If you had asked me at the start of the year what would occur first--that American International Group would nearly be destroyed by unwise investments and forced to hand over the bulk of its shares to
Former American International Group Chairman Maurice Greenberg has asked the current chairman Edward Liddy where a new, multisector, credit default swap financial venture got $35 billion in cash colla
I'm not comfortable with recent verbal attacks by some of the biggest names in insurance about AIG's pricing decisions. Indeed, I'm surprised consumer advocates, state regulators and members of
I'm not comfortable with recent verbal attacks by some of the biggest names in insurance about the pricing decisions of American International Group. Indeed, I'm ...
I'm not comfortable with recent verbal attacks by some of the biggest names in insurance about the pricing decisions of American International Group. Indeed, I'm ...
American International Group's restructured loan frees the firm from terms in its original bailout that were "strangling the company," while the new deal "should buy AIG some time" to sell off assets
Mr. Greenberg, currently chairman and CEO of C.V. Starr, had been lobbying AIG's senior management for weeks to renegotiate the terms of the government's original $85 billion bailout loan to charge le
The Professional Liability Underwriting Society honored Chubb Vice Chairman John Degnan during its international conference last Thursday, presenting him with an award to recognize his efforts in adva
Maurice Greenberg, American International Group's former chief executive officer, has called on AIG management to seek funds from the federal relief program while it continues to rework its debt