American International Group Inc. (AIG), thought to be on the verge of being dismantled during the height of the economic meltdown, has survived and is pulsating strongly.
American International Group Inc. (AIG) and the United States Treasury on Wednesday said that they would sell nearly $9 billion in new shares of AIG, which would decrease Treasury’s stake in the insurer down to 77 percent of voting shares.
American International Group Inc. (AIG) said on Monday that it has repaid the U.S. government almost $4 billion as its aircraft-leasing subsidiary International Lease Finance Corp. was able to sell $4.4 billion of debt.
Embattled insurance company American International Group Inc (AIG) announced that its current CEO Edward “Ed” Libby has offered to step down as soon as the company board finds someone to replace him in his role.