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16 lis 2020 · On March 2, 2009, AIG reported the largest loss in corporate history. It had lost nearly a record $62 billion in the fourth quarter of 2008. As a result of AIG's loss, the Dow fell almost 300 points to close at 6,763.29. That was the lowest close since April 25, 1997, when it closed at 6,738.87.
The AIG bonus payments controversy began in March 2009, when it was publicly disclosed that the American International Group (AIG) insurance corporation was going to pay approximately $218 million (~$301 million in 2023) [1] in bonus payments to employees of its financial services division.
15 mar 2009 · Past bonuses already have prompted President Obama and Congress to impose tough rules on corporate executive compensation at firms bailed out with taxpayer money.
31 gru 2022 · Key Takeaways. AIG was one of the beneficiaries of the 2008 bailout of institutions that were deemed "too big to fail." The insurance giant was among many that gambled on collateralized debt...
Documents released last month by a Congressional committee show the twists and turns in the New York Federal Reserve's handling of the giant insurer in 2008 and 2009.
9 wrz 2012 · March 1: AIG reaches deal to sell AIA to Prudential for $35.5 billion; the sale later falls apart. March 8: AIG reaches deal to sell ALICO to MetLife for $15.5 billion; the deal closes...
10 gru 2012 · March 2: Bailout is restructured again to give the Fed preferred interests in life insurers ALICO and AIA. AIG posts a fourth-quarter loss of $61 billion. May 21: Liddy says he will resign....
