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A collection of news and information related to American International Group published by this site and its partners.
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Life insurers finally do the right thing on unclaimed death benefits
Desiree Tibbets' mother died in 1995. Her father passed away four years later. Yet Tibbets, 39, never knew — and was never informed by her parents' life insurer, Prudential — that she was the sole beneficiary for their policies. "This is...
Tags: John Chiang, MetLife Incorporated, Insurance
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Century City aircraft lessor inks $5-billion deal at Paris Air Show
A Century City aircraft-leasing company has signed a contract with Airbus to purchase 50 single-aisle passenger jets in a deal worth about $5 billion at list price. International Lease Finance Corp. announced the deal for the A320neo aircraft on...
Tags: SpaceX, Embraer SA
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If John Paulson wins on Fannie Mae, America loses
For years, the White House and many lawmakers have been saying the government needs to put Fannie Mae and Freddie Mac out of their misery. Yet they live on. And now their stock charts look like electrocardiograms. Both companies' common shares are up...Tags: Freddie Mac, Barack Obama, John Paulson, Mutual Funds, Mark R. Warner
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Leak probe latest big case for US prosecutors
WASHINGTON (AP) — Ronald Machen and James Cole have pursued their share of headline-makers, taking on between the two of them an All-Star baseball pitcher, government contractors, members of Congress, a federal judge and a mayoral campaign. The...
Tags: Trials, Judges, Prosecution, Lawyers, Eric Holder
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High expenses of TARP effort
In late May, the Congressional Budget Office released its most recent assessment of the cost of the Troubled Asset Relief Program (TARP). This occasioned far less thoughtful discussion of the role of government than it should have, which is unfortunate...Tags: Freddie Mac, Bankruptcy, Ball State University, Ford Motor Co., Companies and Corporations
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AIG sale of aircraft leasing firm to Chinese investors hits snag
Insurance giant American International Group Inc.’s attempt to sell its Century City aircraft leasing company to a consortium of Chinese investors has run into turbulence because a deposit payment was not received on schedule. AIG revealed in a...Tags: U.S. Securities and Exchange Commission, China
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Sale of AIG's ILFC unit to Chinese investors hits a snag
Insurance giant American International Group Inc.'s attempt at selling its Century City aircraft-leasing company to a consortium of Chinese investors has run into turbulence because a deposit payment was not received on schedule. AIG revealed in a...
Tags: Financing and Stock Offerings, Federal Reserve, Economy, Business and Finance, U.S. Securities and Exchange Commission, CEO Pay
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Working poor didn't cause crash
I must take issue with letter writer Stanley Glinka's assertion that it was "the policy of forcing banks to give loans to people who could not afford them" that led to our current financial mess ("Stop blaming Bush," May 1). First of all, we need to...
Tags: Personal Income, Federal Deposit Insurance Corporation
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Regulators follow golden road to Promontory
Mary Schapiro, the former chairman of the Securities and Exchange Commission, must take us for fools. No need to worry about her and the so-called revolving door between government and Wall Street, she told the Wall Street Journal on April 2, after...Tags: Government, Citigroup Incorporated, Financial and Business Services, Civil and Public Service, Federal Reserve
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The sequester: a manufactured crisis
WASHINGTON -- Even during this desultory economic recovery, one industry thrives -- the manufacture of synthetic hysteria. It is, however, inaccurate to accuse the Hysteric in Chief of crying "Wolf!" about spending cuts under the sequester. He is actually...
Tags: The New York Times, Productivity, Barack Obama, Politics, Elections
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Column: Sequester is a manufactured crisis
WASHINGTON — Even during this desultory economic recovery, one industry thrives — the manufacturers of synthetic hysteria. It is, however, inaccurate to accuse the Hysteric in Chief of crying "Wolf!" about spending cuts under the sequester. He...Tags: The New York Times, Productivity, Budget Control Act of 2011, Barack Obama, Washington, DC
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Airbus snags deal worth $9 billion, including order for 787 rival
Air Lease Corp., the Century City aircraft-leasing firm, has placed an order for $9-billion worth of jetliners with Airbus. The deal, based on aircraft list price, includes an order for 25 A350 XWBs, which is a competitor to Boeing Co.'s grounded 787...
Tags: Federal Aviation Administration, Boeing Co.
Jun 18, 2013
|Column| Los Angeles Times
Jun 17, 2013
|Story| Los Angeles Times
Jun 7, 2013
|Column| Allentown Morning Call
Jun 3, 2013
|Story| Petoskey News
Jun 2, 2013
|Story| South Bend Tribune
May 31, 2013
|Story| Los Angeles Times
May 31, 2013
|Story| Los Angeles Times
May 3, 2013
|Story| Baltimore Sun
Apr 8, 2013
|Column| Allentown Morning Call
Feb 25, 2013
|Column| Orlando Sentinel
Feb 24, 2013
|Story| Aberdeen News
Feb 4, 2013
|Story| Los Angeles Times
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