aig

  1. myp

    Treasury sells final AIG shares with reported profit at $22.7B

    And so comes toward a close the great bailout of our time. I'll be honest, I didn't see this one coming (the others maybe, but I didn't have faith in AIG). Let's hope it never happens again. http://www.businessinsider.com/treasury-sells-final-aig-shares-2012-12
  2. myp

    Treasury sells $4.5 billion in AIG stock

    The sale will bring the government's stake down to 55%. AIG is buying $3 billion of the 4.5. The government made a profit on the stock sold. http://online.wsj.com/article/SB10000872396390443866404577567292043498220.html?mod=googlenews_wsj
  3. myp

    Treasury freezes CEO pay at AIG, Ally, and GM at 2011 levels

    The three companies which received bailout money and have not paid it all back yet are getting some stricter rules from the Treasury including freezes on CEO salary and some cuts for senior level executives. Ah when the government starts running businesses... (not that the pay cuts are not a...
  4. myp

    Geithner's New York Fed told AIG to withhold information

    A watchdog report released today shows that Timothy Geithner, former head of the Federal Reserve bank in New York, told AIG to withhold certain information which has led to billions more being giving to the corporation in bailouts...
  5. myp

    Should Geithner take the blame for the AIG bonuses?

    I'm sure most of you have heard by now that AIG gave over $120 billion in bonuses this past Friday and that has caused a lot of outrage across the country since they have received a lot of bailout money. Obama knew about the bonuses on Thursday and Geithner knew about them even before and a lot...
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