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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: AIG

AIG stories: 205 news summaries

61 - 80 of 205 Stories | << Prev 1 2 3 4 5 6 7 8 ... 11 Next >>

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(Newser) - The White House might not be onboard with bills sprinting through Congress to tax away AIG’s outrage-inducing bonuses. Top White House financial advisers are reacting coolly to the suggestion, the Washington Post reports. “The president has been clear we don’t want to govern out of anger,... More »

MORE ABOUT:
Joe Biden • White House • AIG • bonuses • Obama administration • clawback

Spitzer Returns to Blast AIG

Disgraced ex-guv admits his mistakes
on CNN, but slams insurer's payments

Mar 22, 09 5:18 PM CDT
(Newser) - A humbled Eliot Spitzer re-entered the limelight last week with an interview on CNN, admitting that he "failed in a very important way." But the former New York governor, ousted by a prostitution scandal last year, also took aim at AIG, calling it "at the center... More »

MORE ABOUT:
Barack Obama • Eliot Spitzer • AIG • comeback • prostitution scandal • economic crisis

Old Gray Lady Grabs Obama
by the Ear

Krugman, Friedman, Dowd, Rich, editorial board all pile on prez

Mar 22, 09 4:06 PM CDT
(Newser) - The Obama administration bore an avalanche of criticism this weekend from the usually friendly New York Times. Influential columnists Paul Krugman, Frank Rich, Thomas Friedman, and Maureen Dowd—plus the paper’s editorial board—all piled on a president who “is increasingly overwhelmed, and not fully appreciative of the... More »

MORE ABOUT:
Barack Obama • New York Times • security • editorial • Maureen Dowd • Frank Rich • AIG • bonuses • Thomas Friedman • columnists • Paul Krugman • newspaper editorials • blog posts • Obama administration

TALK SHOW ROUNDUP

 Bloomberg: Geithner's 
 'the Guy I Would Want' 

Frank: Let's sue AIG; Gregg: Congress unruly

Mar 22, 09 11:17 AM CDT
(Newser) - Amidst calls for his ouster, Timothy Geithner can bank on big name supporters: Arnold Schwarzenegger told NBC’s Meet the Press he has confidence in the embattled Treasury secretary, while Michael Bloomberg added that Geithner “is exactly the guy that I would want.” On Fox News Sunday, Christina... More »

MORE ABOUT:
Arnold Schwarzenegger • Michael Bloomberg • talk show • AIG • Timothy Geithner • Christina Romer • executive bonuses

OPINION

 Hey, Barack: 
 Get Tough 
 Like Michelle 

Prez, Geithner must quit 'coddling' Wall Street: Dowd

Mar 22, 09 11:04 AM CDT
(Newser) - Michelle Obama said her husband would be pulling garden weeds whether he “liked it or not”—and the president could take a page from her book, writes Maureen Dowd in the New York Times. Obama and the Treasury secretary “have been coddling the Wall Street elite,”... More »

MORE ABOUT:
Wall Street • Michelle Obama • Maureen Dowd • AIG • Obama administration • President Obama • Timothy Geithner



 Cuomo Could 
 Capitalize on 
 Wall St. Crisis 

Will he reveal AIG names?

Mar 21, 09 2:33 PM CDT
(Newser) - Andrew Cuomo’s political career has hit a crossroads, the New York Times reports. The New York attorney general has found his moment, slinging subpoenas at Wall Street like a populist avenger. He’s forced concessions from the rating agencies and student loan lenders, and pried the names of... More »

MORE ABOUT:
Wall Street • New York • Andrew Cuomo • AIG • New York Attorney General

 AIG Bonuses Higher 
 Than Thought: $218M 

Five at firm got more than $4M: Blumenthal

Mar 21, 09 10:25 AM CDT
(Newser) - AIG documents show the firm paid out $218 million in bonuses—higher than the $165 million that had been disclosed, says Connecticut’s attorney general. The papers show five at the firm scored bonuses of more than $4 million, said Richard Blumenthal, whose office received the papers last night after... More »

MORE ABOUT:
Connecticut • AIG • bonuses • attorney general

(AP) - Senate Republicans are drawing out a flap that has made the Obama administration squirm, the AP reports. Sen. Jon Kyl, the Republicans' vote counter, blocked Democratic efforts yesterday to bring up the Senate version of the tax bill to recoup most of the $165 million paid out by AIG last... More »

MORE ABOUT:
Jon Kyl • Senate Republicans • AIG • executive bonuses

(Newser) - Sen. Chris Dodd says that if he had known the purpose of changes to legislation he drafted for the stimulus package, he “would have flatly rejected it,” CNN reports. Dodd’s rewrite, at the behest of unnamed Treasury officials, allowed AIG and others receiving federal assistance to dole... More »

MORE ABOUT:
Congress • legislation • Chris Dodd • AIG • Treasury Department • bonuses • economic stimulus package • Obama administration

 State AGs Probe AIG Bonuses 

Coalition of 19 state officials demands list of AIG bonus recipients

Mar 20, 09 2:01 PM CDT
(Newser) - The attorneys general of 19 states have joined forces to investigate the bonus payments made to AIG employees, the Wall Street Journal reports. In a letter to the firm, the coalition demands a list of all employees of the financial products unit who received bonuses after the government started providing... More »

MORE ABOUT:
investigation • AIG • bonuses • compensation • bailout • attorneys general • Wall Street bailout

ANALYSIS

 AIG Bonus Vote 
 Splits GOP Honchos 

Insider Boehner and publicity-hungry Cantor go opposite ways

Mar 20, 09 11:25 AM CDT
(Newser) - The vote to tax AIG bonuses split the House’s top two Republicans, and illustrates the differences in their strategies, reports Politico. Minority Leader John Boehner voted against, calling it “a bad bill with bad consequences.” Boehner’s No. 2, rising star Eric Cantor, supported it, calling it... More »

MORE ABOUT:
John Boehner • AIG • bonuses • House Republicans • Eric Cantor

(Newser) - Even as Washington rails against AIG’s bonus giveaway, the insurer is quietly suing the government for $306 million in tax payments, the New York Times reports. AIG’s case hinges largely on its use of offshore tax havens, including one entity that handles executive compensation. It also says it... More »

MORE ABOUT:
lawsuit • AIG • Internal Revenue Service • tax code • bank scandal • bailout • tax haven

AIG Execs
Face Fury of Angry Public

Amid death threats, some are returning hefty bonuses

Mar 20, 09 9:58 AM CDT
(Newser) - The AIG scandal has turned company execs from pillars of their communities into dastardly villains, reports the New York Times. Witness James Haas—or Jackpot Jimmy as the New York Post calls him. "I didn’t have anything to do with those credit problems,” says Haas, who fought... More »

MORE ABOUT:
AIG • bonuses • financial crisis

 Ex AIG Boss: It's Not My Fault  

Says he doesn't back retention bonuses

Mar 20, 09 8:31 AM CDT
(Newser) - AIG’s former CEO tells CBS that the bonuses now sparking national outrage would not have happened under his watch. Hank Greenberg, ousted in 2005, said he doesn’t back such retention bonuses, blamed the firm's collapse on the "stupidity" of his successors, and thinks the current CEO should... More »

MORE ABOUT:
CBS • AIG • Hank Greenberg • bonuses • bailout • Edward Liddy

OPINION

 Let's Downsize Our Outrage 


Mar 20, 09 7:56 AM CDT
(Newser) - It’s time to put down the pitchforks, writes Steven Pearlstein in the Washington Post. Public outrage is getting so hot that it’s actually undermining government efforts to contain the financial crisis. Right now, the Treasury is desperately trying to lure private capital back into the so-called shadow... More »

MORE ABOUT:
AIG • bonuses • financial crisis

Dodd Weakened by Outcry Over AIG Bonuses

Confusion over Conn. senator's role adds to mounting woes

Mar 20, 09 7:38 AM CDT
(Newser) - The financial crisis has exacted a political toll on Sen. Chris Dodd few would have seen coming. The veteran senator, elected in 1980, now trails his challenger by 1%, reports the Hill. Resentment of VIP mortgages he received was already hurting him. Dodd’s fumbled explanations of his role in... More »

MORE ABOUT:
Senate • mortgage • Connecticut • Chris Dodd • AIG • bonuses

(Newser) - Treasury chief Tim Geithner said today that he asked Chris Dodd to add a stimulus loophole allowing AIG to dole out bonuses. Geithner told CNN he felt he had no choice because the government would have been vulnerable to lawsuits if it tried to stop them. "But we also... More »

MORE ABOUT:
Chris Dodd • AIG • bonuses • Treasury secretary • Timothy Geithner

(Newser) - By a 328-93 vote, the House today approved a bill that would recover most of the bonus money awarded to executives of bailout-buoyed AIG by taxing it at 90%. The measure drew significant Republican support, and some Democrats made it clear the legislation is an attempt to persuade execs to... More »

MORE ABOUT:
House of Representatives • AIG • House Democrats • House Republicans • bailout • Wall Street bailout • Earl Pomeroy

OPINION

 Hill Grilled the Wrong AIG Guy 


Mar 19, 09 12:44 PM CDT
(Newser) - Edward Liddy’s much-ballyhooed testimony yesterday—Chris Matthews billed it as “Watergate Redux”—didn’t wind up accomplishing much, “aside from revealing congressional ignorance of all things financial,” Daniel Gross writes in Slate. Yes, Liddy currently runs the reviled AIG, but he wasn’t running it... More »

MORE ABOUT:
Congress • Chris Matthews • testimony • AIG • Hank Greenberg • Martin Sullivan • Edward Liddy • grandstanding

OPINION

Anger? Now That Would
Be a Bonus

'Baby' Geithner, Obama should be more worked up over AIG: Collins

Mar 19, 09 10:28 AM CDT
(Newser) - Thank meek Tim Geithner for the wrath coming from the New York Times today. “We need a Treasury secretary so terrifying that if you were stuck in an elevator alone with him, you would just hand over your wallet,” Gail Collins writes. “And I’m totally angry... More »

MORE ABOUT:
Charles Grassley • AIG • Edward Liddy • financial crisis • President Obama • Timothy Geithner

61 - 80 of 205 Stories | << Prev 1 2 3 4 5 6 7 8 ... 11 Next >>


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