Obama To Try To Stop $165 Million In Aig Bonuses

Joining a wave of public anger, President Barack Obama blistered insurance giant AIG for "recklessness and greed" Monday and pledged to try to block it from handing its executives $165 million in bonuses after taking billions in federal bailout money.

Topics:  president barack obama   aig   million   bonuses   
BING NEWS:
  • AIG sells 20% Corebridge stake to Nippon Life for $3.8 billion
    Insurance company American International Group agreed to sell a 20% stake in Corebridge Financial to Nippon Life Insurance for about $3.8 billion in cash, according to a May 16 news release. AIG owns ...
    05/17/2024 - 1:25 am | View Link
  • AIG to offload 20% stake in Corebridge to Nippon Life in $3.8bn deal
    American International Group (AIG) has reached an agreement to divest a 20% ownership stake in Corebridge Financial to Japan’s Nippon Life Insurance Company (Nippon Life).   The deal, valued at an ...
    05/17/2024 - 1:14 am | View Link
  • AIG to sell part of Corebridge stake to Nippon Life for $3.8 billion
    American International Group ( AIG) has agreed to sell around 120 million shares of its Corebridge common stock to Nippon Life Insurance Company for $3.8 billion.
    05/16/2024 - 11:53 pm | View Link
  • Three Firms Steer AIG-Nippon Life $3.8 Billion Corebridge Deal
    Lawyers from three top deals firms advised on American International Group Inc.'s plan to sell a 20% stake in Corebridge Financial Inc. to Japan’s Nippon Life Insurance for $3.8 billion.
    05/16/2024 - 9:19 am | View Link
  • AIG to Sell 20% of Corebridge to Nippon Life for $3.8 Billion
    Insurance giant AIG has struck a deal to sell a stake in its majority-owned life-and-retirement arm Corebridge Financial to Japan’s Nippon Life Insurance for $3.8 billion.
    05/16/2024 - 2:58 am | View Link
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