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AIG's Greenberg pays $15 million to settle SEC charges

American International Group Inc's former Chief Executive Hank Greenberg agreed to pay $15 million to settle regulators' allegations of improper accounting transactions, the Securities and Exchange Commission said on Thursday.

 

AIG and U.S. in Talks on $250 Million in Bonuses

AIG and U.S. in Talks on $250 Million in Bonuses

Troubled insurer asks Treasury to rule on several types of executive pay, most of which is owed to embattled derivatives division in March 2010.

 

AIG seeks clearance for more bonuses

AIG seeks clearance for more bonuses

American International Group is preparing to pay millions of dollars more in bonuses to several dozen top corporate executives after an earlier round of payments four months ago set off a furor.

 

Congress to AIG: We'll trust, but verify

Members of the House Oversight Committee lash out against the bailed out insurer, as it cautiously presents its restructuring plan.

 

Macquarie said to bid for AIG unit

Macquarie Group, Australia’s biggest investment bank, is bidding for an AIG fund unit with about $100bn under management, reports Bloomberg. AIG expects to sell the unit for as much as $500m. Macquarie is among several firms pursuing AIG Investments, a New York-based fund manager put up for sale in January,...

 

AIG Delays Proxy Filing to Reshuffle Its Board

AIG has delayed filing its proxy statement amid a discussion of expanding and reshuffling the board.

 

AIG employee quits at 'betrayal'

A top executive at troubled insurer AIG publicly resigns and says he will donate his entire bonus to charity.

 

$50 Million in A.I.G. Bonuses to Be Repaid

$50 Million in A.I.G. Bonuses to Be Repaid

Attorney General Andrew M. Cuomo of New York said 15 of the top 20 bonus recipients in A.I.G.’s financial products division had returned their bonuses.

 

AIG starts makeover, changes sign at N.Y. office

AIG starts makeover, changes sign at N.Y. office

Workmen rolled up their sleeves at American International Group Inc this weekend to take down the most prominent sign at the downtown Manhattan offices of the embattled insurer.

 

AIG bonus payments $218 million

AIG bonus payments $218 million

Documents turned over to the Connecticut attorney general show that American International Group Inc paid out over $218 million in bonuses, more than the previously disclosed $165 million, published reports said on Saturday.

 

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