American International Group

Latest American International Group Items
  • Cole

    Senate approves Cole as Holder's top Justice deputy

    Deputy Attorney General James Cole was confirmed on Tuesday by the Senate, mostly along party lines, as Attorney General Eric H. Holder, Jr.'s top deputy - a position he has held since Jan. 3 when he was installed by President Obama in a temporary recess appointment.


  • Cole

    Senate approves Cole as Holder's top deputy

    Deputy Attorney General James Cole was confirmed on Tuesday by the Senate, mostly along party lines, as Attorney General Eric H. Holder Jr.'s top deputy — a position he has held since Jan. 3 when he was installed by President Obama in a temporary recess appointment.


  • **FILE** In this file photo made March 18, 2009, the AIG logo is seen on the side of building in Tokyo, Japan. (AP Photo/Shizuo Kambayashi, File)

    Treasury plans to start selling shares of AIG

    The Treasury Department plans to start selling its dominant share of insurance giant American International Group, one of the largest recipients of corporate bailout funds during the 2008-09 financial crisis, as it slowly backs out of the private sector.


  • Illustration: AIG by Alexander Hunter for The Washington Times

    LEE: The AIG bailout's hidden victims

    On the eve of the Treasury Department's sale of its massive position in American International Group (AIG), one group of people has reason to be livid. It is made up of those who held AIG shares on Sept. 16, 2008, because on that day, their property rights were violated egregiously.


  • **FILE** In this file photo made March 18, 2009, the AIG logo is seen on the side of building in Tokyo, Japan. (AP Photo/Shizuo Kambayashi, File)

    Government, AIG announce plan to end federal stake

    The government and AIG, the giant insurer rescued with $182 billion at the depths of the 2008 financial meltdown, announced a plan Friday to end taxpayer involvement in the company over the next two years.


  • AIG, seen here in New York, has been shedding assets since it first received a bailout package two years ago. (Associated Press)

    AIG set to repay $37B of bailout

    AIG said Monday it raised nearly $37 billion from the divestment of two foreign insurance units and will use that money toward repaying a government bailout.


Happening Now