Normally, late payments and delayed closing dates are bad news for a seller. But the systemically-important AIG’s on a winning streak lately and isn’t going to led the tardiness of a Chinese consortium get it down. American International...
The American International Group says it has given a group of Chinese investors more time to complete a deal to buy its big airplane-leasing unit, nearly three weeks after the consortium missed a down payment.
A lawyer once told me that “all’s well that ends” when it comes to litigation. As we enter year six of the investor litigation by American International Group, several Federal Home Loan Banks, and other large investors against Bank...
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AIG . Three letters that ought to send shudders through anyone who paid even the smallest amount of attention to the financial crisis. Federal Reserve Chairman Ben Bernanke once referred to AIG as an insurance...
DETROIT (Reuters) - American International Group Incand General Motors Cowill rejoin the S&P 500 index this week, marking a key milestone in the recovery of two companies that needed billions of dollars to stay afloat during the financial...
As expected, the Financial Stability Oversight Council has proposed to designate AIG (AIG) Prudential Financial (PRU) and GE Capital (GE) as systemically important. Prudential plans to appeal, although AIG won't. The Fed has yet to finalize its...
WASHINGTON – Federal regulators have proposed that a group of firms that aren’t banks be deemed potential threats to the financial system that need stricter government oversight.
Big insurers American International Group Inc. and...
The risk of AIG's sale of its ILFC unit to a Chinese group is no longer non-negligible, says Sandler O'Neill, but the insurer should still be in good shape even were that to happen. Markets and credit have improved since the deal was first...
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It's been a long road for American International Group since the financial crisis, but the insurer seems to finally be back on its feet and ready to move forward. Though there are still challenges ahead, AIG is taking...
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AIG's agreement to sell 90% of its ILFC subsidiary to a group of Chinese investors returned to headlines today. Is this news something AIG shareholders should be concerned about?
In this video, Motley Fool...
Is AIG's sale of ILFC falling apart? The insurer says (8-K) the consortium making the purchase missed a deadline for a deposit payment. Shares -1% premarket. 1 comment!
$$$ Morgan Stanley Lowers Ambitions [WSJ] $$$ AIG drops a lawsuit versus NY Fed over Maiden Lane: filing [Reuters] $$$ KKR appoints Petraeus as chairman of its Global Institute [AP] $$$ The number of Harvard College’s graduating seniors going to...
AIG drops its lawsuit against the FRBNY over who may sue over losses suffered by the company on MBS. The Fed's Maiden Lane II took over the securities as part of the bailout, and the issue was whether AIG gave up its right to sue when it unloaded...
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If the first quarter, insurers reported increases in their insurance premiums as a means to offset some losses from higher claims. American International Group reported a 6% increase in their commercial lines alone,...
May 29, 2013: Financial Sector and Stocks Analysis from Seeking Alpha
ByMarshall Hargrave:With the most recent 13F filings, the one name that keeps popping up in almost every big name hedge fund manager's portfolio is American International Group (AIG). A total of 79 hedge funds have AIG in their top 10 holdings. It...
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In the following video, Max Macaluso talks to Fool financial analyst David Hanson about American International Group . David explains that in the recent past, AIG was an undervalued turnaround story, in large part...