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hf-implode.com - 10/17/2009
AIG, Greenberg in settlement talks: report
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"American International Group Inc and its former Chief Executive Maurice "Hank" Greenberg are in advanced talks to settle their legal disputes, the Wall Street Journal reported on Friday. "The insurer may pay any penalties and future legal fees in Greenberg's case with New York Attorney ...
nakedcapitalism.com - 10/14/2009
AIG Execs Pay “Retention” Bonuses to Secretaries and Kitchen Staff and Renege on Promised Repayments
— nakedcapitalism.com — An interesting contract in reporting today. Reader (Tom C) sent me the Wall Street Journal version of... this story, by Michael R. Crittenden and Liam Pleven, titled “AIG Execs Returned Only $19M Of $45M In Pledged Repayments.” I decided to ... (more) AIG Execs Pay “Retention” Bonuses to Secretaries and ...

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nakedcapitalism.com - 10/13/2009
The Problem With Financial Services Compensation (AIG/Pay Czar Edition)
— nakedcapitalism.com — The Financial Times reports that the so-called pay czar Kenneth Feinberg, who is in charge of overseeing... compensation at TARP recipients, is going to crack down on some of the bonuses paid at AIG : The Obama administration’s pay tsar has indicated ... (more) The Problem With Financial Services Compensation ...

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news.yahoo.com - 10/13/2009
AIG sells Taiwan unit for $2.2 billion; more deals seen (Reuters)
— news.yahoo.com — Reuters - American International Group struck a deal to sell its Taiwan life insurance for $2.15 billion,... marking its largest disposal of a division since a government bailout last year saved it from collapse. (more) AIG sells Taiwan unit for $2.2 billion; more deals seen ...

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