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The Treasury Department is selling today its remaining 16 percent of American International Group common shares, putting an end to the governments 50-month shotgun financial tryst with the global insurer.

Insurance industry officials fear Armageddon will be the result of a proposal by the Federal Reserve Board to use bank-centric standards in regulating insurance companies that operate thrifts.

Insurance industry officials fear Armageddon will be the result of a proposal by the Federal Reserve Board to use bank-centric standards in regulating insurance companies that operate thrifts.

American International Group is in need of effective, comprehensive and rigorous regulation to ensure history does not repeat itself at the insurance giant, says a new regulatory report.

American International Group is in need of effective, comprehensive and rigorous regulation to ensure history does not repeat itself at the insurance giant, says a new regulatory report.

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.

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.

The Federal Reserve Bank of New York late Tuesday finally closed out one chapter of the controversial bailout of American International Group by selling the last remaining securities held in the Maiden Lane II facility.