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By Chad Hemenway, PropertyCasualty360.com |
March 27, 2012
The CEO of AIG says American taxpayers will pocket up to $10 billion when the government assistance it received more than three years ago is repaid.
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By Chad Hemenway, PropertyCasualty360.com |
March 23, 2012
American International Group Inc.’s remaining debt to the U.S. government is about $45 billion after paying an additional $1.5 billion to the U.S. Treasury Department, the company says.
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By Arthur D. Postal, PropertyCasualty360.com |
February 1, 2010
Had the U.S. government not taken action to bail out AIG, it would have proven to be an economic catastrophe for the nation, said Treasury Secretary Timothy Geithner and his predecessor, Henry Paulson.
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By Arthur D. Postal, PropertyCasualty360.com |
January 28, 2010
Former Treasury Secretary Henry Paulson and current Secretary Timothy Geithner both told a congressional committee that if action was not taken to bail out American International Group it would have been a catastrophe for the nation.
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By Arthur D. Postal, PropertyCasualty360.com |
January 27, 2010
Former Treasury Secretary Henry Paulson and current Secretary Timothy Geithner both told a skeptical congressional committee today that if U.S. action was not taken to bail out AIG, Group it would have been a catastrophe for the nation.
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By Arthur D. Postal, PropertyCasualty360.com |
January 18, 2010
Treasury Secretary Timothy Geithner has been scheduled to testify before a House committee concerning controversial dealings between the Federal Reserve Bank of New York and American International Insurance.
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By Arthur D. Postal, PropertyCasualty360.com |
January 8, 2010
The head of a House committee said he will hold a hearing to probe allegations that Federal Reserve Bank of New York officials told American International Group not to disclose information about bailout arrangements.