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Articles Tagged With 'AIG'

Behind Administration Spin: Bailout Still $123 Billion in the Red

The administration has been on a charm offensive about the TARP. We check in with our bailout database to show where things really stand.

The Bailout Yearbook: The Stars and the Slackers

A half-trillion dollars later, the TARP bailout has produced moneymakers, slow payers and underachievers.

U.S. Bore AIG Bailout Risk, but Foreign Banks Reaped the Rewards, Says Watchdog

A report by a government watchdog says that when the U.S. Treasury bailed out AIG, it may have propped up foreign banks as well.

Treasury’s ‘Point Man’ on AIG Bailout That Benefited Goldman, Owned Goldman Stock

According to the New York Times, the Treasury's 'point man' on the AIG bailout, which resulted in billions of dollars for Goldman, also owned stock in Goldman.

T. Christian Miller Comes Up for Fresh Air

Foreign Interpreters Hurt in Battle Find U.S. Insurance Benefits Wanting

Translators injured helping rebuild Iraq sometimes find the medical benefits they were promised are not forthcoming.

For AIG’s Man in Jordan, War Becomes a Business Opportunity

Emad Hatabah coordinated the care for hundreds of Iraqis working for U.S. troops, a role that benefited his own medical network.

Blinded From a Sniper Bullet and Shortchanged by the System

An Iraqi who was injured while helping in the U.S. war effort says AIG's settlement treated him unfairly.

Injured Abroad, Neglected at Home: Labor Dept. Slow to Help War Zone Contractors

The government's lack of action has allowed abuse of the system set up to ensure medical care for injured civilians.

AIG May Soon Lose Crown as Biggest Bailout Debtor

AIG shaves $25 billion off its bailout debt, leaving only $62 million to go.

Labor Dept., Congress Plan Improvements to System to Care for Injured War Contractors

Officials are making changes to track the performance of insurers and to speed up the handling of their disputes with injured contractors.

Contractors in Iraq Are Hidden Casualties of War

Reggie Lane, a struggling truck driver, hired on for a good salary with a defense contractor, but a rocket-propelled grenade shattered his life.

Happy Birthday, Bailout: $390 Billion Outstanding

A year into the financial rescue effort, we take stock of the spending on Fannie, Freddie and those involved in the TARP.

Pentagon Study Proposes Overhaul of Defense Base Act to Cover Care for Injured Contractors

Congress could save as much as $250 million a year through a sweeping overhaul of the controversial U.S. system to care for civilian contractors injured in war zones, according to a new Pentagon study.

Congressman Announces Plan to Reform U.S. System to Care for Injured Civilian Contractors

Rep. Elijah Cummings said he hoped his proposal would reduce the $300 million a year paid by defense contractors to insurance companies.

Your August Bailout Update: $393 Billion Outstanding

Money from bailout recipients is flowing in to the Treasury, but not as fast as the cash flowing out.

Company That Probes War Contractor Injuries for AIG Is Itself Under Scrutiny

The Labor Department is looking into whether a Maltese company misrepresented its employees as agents of the U.S. government.

Dobleng Dusa ang Nakuha sa Pagtatrabaho para sa Amerika

Read a translation in Filipino of the June 19, 2009, story, "Foreign Workers for U.S. Are Casualties Twice Over."

Report Finds Advantages in Gov’t Takeover of Care for Injured Contractors

Citing high insurance premiums paid by the Pentagon, the Congressional Research Service suggests cutting out the middleman.