Tag Archives: insurance giant


AIG trustee aids offshore hedge funds

May 13, 2009 : Permalink

The battered insurance giant AIG returns to Capitol Hill Wednesday facing another frosty reception in Congress – where three AIG trustees appointed by the U.S. government will make their public debut amid growing skepticism over their role at the company. […]

Obama tries to temper furor over AIG bonuses

March 24, 2009 : Permalink

Associated Press – President Barack Obama is trying to dampen a fire he once stoked, urging a more tempered response to public furor over bonuses paid to executives of the publicly rescued insurance giant American International Group. Obama is virtually […]

Treasury Swoops to Recoup $165 Million in AIG Bonus Payouts

March 18, 2009 : Permalink

New York (HedgeCo.Net) – As the national outrage over bonuses paid to AIG execs reaches epic proportions, U.S. Treasury Secretary Timothy Geithner promised the government will recoup the $165 million that was shelled out using bailout money. “We will impose […]