AIG’s Campaign Contributions
We’ve been following the travails of former insurance giant AIG since its sudden transformation from a corporate titan to state-run c … more…
Did AIG Hide Its Losses?
Since mid-September, the government has doled out hundreds of billions in loans. And so far, the bailout of AIG seems by far the risk … more…
AIG Lobbied for India Nuke Deal (Really!)
As AIG was on the brink of bankruptcy and facing a government takeover, the insurance giant made sure Congress knew where it stood—on … more…
Fed to the Rescue: A Timeline
Since the financial meltdown began last month, the Federal Reserve has launched a dizzying number of emergency measures to counter it … more…
Limits on Lobbying for Bailed-Out Banks?
One day after federally rescued insurance giant AIG announced that it was suspending its lobbying, Sen. Dianne Feinstein has announce … more…
After Earful From Senators, AIG Suspends Lobbying
AIG, the insurance giant now mostly owned by taxpayers, has decided that perhaps it shouldn't be lobbying the government after all. A … more…
Senators to AIG: Stop Lobbying!
Two senators have asked AIG to stop lobbying after we and the Wall Street Journal reported ($) that the company, which has taken $123 … more…
Taxpayer-Owned AIG Lobbies Against Mortgage Fraud Law
We found out last week that AIG’s huge lobbying operations are still going full steam ahead, despite the fact that taxpayers now ow … more…
NY AG Threatens AIG Over Exec Payments and Retreats
There's been ample criticism -- by Congress and the presidential candidates in particular -- of executives of failing companies and t … more…
Fraud Suits in the Pipeline Face High Burden of Proof
Investors who lost their savings in the financial meltdown will have a hard time recovering their money by suing companies for fraud. … more…
Former AIG Exec at Center of Meltdown Got Paid Millions for Little Work
One of the biggest reasons for AIG's near failure -- a collapse halted by a government bailout of $120 billion and growing -- was the … more…
Gov’t-Owned AIG: We’re Still Lobbying!
Earlier today, we wondered whether AIG is still lobbying the federal government. After all, taxpayers have lent the failing insurance … more…
Is AIG Still Lobbying?
UPDATE 4:37 PM We just heard from AIG spokesman Joe Norton: “We are not a GSE and are therefore not restricted. We remain a share- … more…
How AIG Imploded
With the financial markets still teetering, yesterday's New York Times took a step back and did some forensic reporting, explaining h … more…
Feds Probing AIG for Concealing Losses
Yesterday, we noted that the FBI’s (leaked) announcement that it was investigating four of the financial titans at the center of t … more…
Ben Bernanke: The 800 Billion Dollar Man
These are extraordinary times. One after another, the giants of the American financial system are foundering: Bear Stearns, Freddie a … more…
March 12, 2010
AIG, Fed Czar Reach Deal on Rest of Bonus Pay to be Returned Brady Dennis and Tomoeh Murakami Tse, Wash. Post, March 12, 2010
February 26, 2010
Ex-NY Fed Head Made a Bundle Off AIG Bailout Greg Kaufmann, The Nation, February 26, 2010
February 08, 2010
Testy Exchange With Goldman Helped Push AIG to Edge Gretchen Morgenson and Louise Story, New York Times, February 08, 2010
February 03, 2010
AIG Plans to Pay $100 Million in Another Round of Bonuses Brady Dennis, Washington Post, February 03, 2010
February 01, 2010
Risky Trading Wasn’t Just on the Fringe at AIG Mary Williams Walsh, New York Times, February 01, 2010
January 27, 2010
Goldman Went to AIG to Scrap Contracts Months Before Full Payout Shahien Nasiripour, Huffington Post, January 27, 2010
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