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3/17/2009
After a collective outcry from Washington and Main Street and criticism by President Barak Obama and New York Attorney General Andrew Cuomo, American International Group Inc. (AIG) may have to ... The U.S. government will modify a planned $30 billion capital injection for American International Group Inc. (AIG) to try to recoup hundreds of millions of dollars in controversial bonuses, a ... Representative Gary Peters (D-MI) said on Tuesday he has introduced a bill that would slap a 60% surtax on large bonuses to be paid to executives at insurer American International Group Inc. (AIG). ... Everyone from President Obama to Treasury Secretary Geithner to NY Attorney General Cuomo to Main Street and taxpayers are voicing their outrage over AIG's staggering $165 million bonuses for ... State insurance regulators said it's "unlikely" that any U.S. carrier is too big to fail and that guaranty funds are ready to pay claims should companies collapse.
"Even a major ... The U.S. Treasury is expected to propose within days the creation of a "systemic risk regulator," probably the Federal Reserve, to oversee banking and market problems that could threaten the ... According to data released today by the Commerce Department, new U.S. housing starts and permits unexpectedly rebounded in February, an unusual piece of good news for the recession-hit economy and ... The National Association of Insurance Commissioners (NAIC) on Monday adopted a proposal to review the use of credit-based insurance scoring. The NAIC will convene a public hearing to take testimony ...
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