Daily News Channel
Greenberg Is Not a Fan of A.I.G.’s Repayment Plan Many parties were singing the praises of the American International Group’s plan to eventually repay its government-financed bailout. Maurice R. Greenberg, its blunt former chief executive, isn’t one of them. Mr. Greenberg, who left from A.I.G. in 2005 amid its accounting scandal, harshly criticized the plan, […]
AIG and U.S. Set Faster, Riskier Exit Path American International Group Inc and the U.S. government agreed on Thursday agreed on a plan that would accelerate the payback of bailout money and could yield a profit for taxpayers but also increase their risk. The plan comes a little over two years after AIG was first […]
AIG Lays out Government Exit Path, but Risks Rise American International Group Inc laid out a plan on Thursday that sets the company on a path for an accelerated payback of taxpayer bailout money, but also increases the risk for the government. The plan, which comes a little over two years after AIG was rescued […]