2008 AIG Bailout Archives - Carrier Management

AIG Returns to CLO Market for First Sale Since 2008 Financial Crisis

American International Group Inc. has returned to the red-hot collateralized loan obligation market as an asset manager with its first sale since the financial crisis. The $500 million transaction is ...

AIG Shareholders Have Yet to See Post-Bailout Financial Gains

Since its 2008 bailout, American International Group Inc. has delivered paydays for investment bankers, Warren Buffett and even departing executives. Shareholders? Not so much. AIG shares have lost ...

Former AIG CEO Greenberg Loses Court Appeal Over 2008 Bailout Ruling

A federal appeals court threw out a ruling that the U.S. government illegally bailed out insurer American International Group Inc during the 2008 financial crisis, in a defeat for former chief ...

Hank Greenberg Seeks Damages Over 2008 AIG Rescue

U.S. lawyers on Friday urged an appeals court to bless the federal government's $85 billion bailout of American International Group Inc. At the same time, attorneys for Maurice "Hank" Greenberg are ...

AIG General Counsel Russo to Retire; Was Key Player in Bailout Negotiations

Tom Russo, who helped American International Group Inc. negotiate the end of its U.S. bailout, is retiring from his post as general counsel. Russo, 72, will stay with the insurer until a replacement ...

Judicial Ruling on 2008 AIG Bailout Triggers U.S. Government Appeal

The United States filed an appeal on Wednesday against a U.S. judge's ruling in June that sided with former American International Group chief executive Maurice "Hank" Greenberg on a legal claim over ...