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American International Group, even as its financial situation became risky, doled out millions in bonus money and ignored concerns voiced by regulators and auditors, according to material revealed at

WASHINGTON--Former American International Group Chairman Maurice "Hank" Greenberg defended his stewardship of the company from afar yesterday, telling a House oversight committee in written testimony t

American International Group, even as its financial situation became risky, doled out millions in bonus money and ignored concerns voiced by regulators and auditors, according to material revealed at

The first piece of the American International Group conglomerate to be sold off, as the company moves to repay its $85 billion government loan, is a share in a small London airport, it was announced y

Credit Suisse cited AIG's credit default swap portfolio as a problem and said it estimated that AIG Financial Products is "sitting on a $6.5 billion loss vs. our previous estimate of a loss of $2.6 bi

A bank analyst has lowered his second-quarter earnings estimate for American International Group based on credit market deterioration and expected accelerated recognition of credit default swap (CDS)

Management said results for the quarter were affected by the continuing deterioration of the U.S. residential real estate and credit markets and announced the head of its financial products unit,

Management said results for the quarter were affected by the continuing deterioration of the U.S. residential real estate and credit markets and announced the head of its financial products unit, whic