WASHINGTON, March 16 - President Barack Obama expressed outrage on Monday over hefty bonus payments awarded to employees of insurer AIG <AIG.N> and said he directed his treasury secretary to take all legal measures to...
WASHINGTON, March 5 - The U.S. government rescued giant insurer American International Group <AIG.N> in part because its collapse would dramatically hurt European banks, a senior Democratic lawmaker said on Thursday. The U.S. government has...
* A top AIG regulator backs regulatory overhaul * Lawmakers demand detail on how AIG bailout funds spent * OTS supports regulating credit default swaps WASHINGTON, March 5 - U.S. regulators failed to spot how...
WASHINGTON, March 5 - U.S. regulators failed to spot how much risk insurer AIG was piling on, and by the time they understood, they had no choice but to pour in tens of billions of...
* Cites worries about the quality of the business * Withdrawal further hurts chances for auction of unit * Prudential makes modest offer, source says * AIG valued unit at up to $40 billion -...
WASHINGTON, March 3 - U.S. Federal Reserve Chairman Ben Bernanke on Tuesday defended the government's latest bailout of embattled insurer AIG, telling irate lawmakers that he was also angry, but that the failure to act...
* Cites worries about the quality of the business * Withdrawal further hurts chances for auction of unit * AIG valued unit at up to $40 billion - sources (Adds details about valuation, background) BEIJING,...
WASHINGTON, March 3 - U.S. Federal Reserve Chairman Ben Bernanke on Tuesday defended the government's latest bailout of insurer AIG, telling irate lawmakers that he,...
* Oil down 10 percent on strong dollar and AIG woes * RJ/CRB commodities index down 5 percent * Gold, copper, soybeans all down in broad sell-off NEW YORK, March 2 - Oil prices closed...
* Global stocks in rout as AIG, HSBC unnerve investors * Financial sector sentiment worsens on AIG record loss * Dollar index hits 3-year high as investors seek safety * Oil drops 10 pct, government...