In December 2012, Treasury sold its remaining 234,169,156 shares of AIG common stock in an underwritten public offering for aggregate proceeds of approximately ...
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AIG's bailout did not come without controversy. Some questioned whether it was appropriate for the government to use taxpayer money to purchase a struggling ...
The Article explains why AIG, a company with $1 trillion in assets and $95.8 billion in shareholders' equity, suddenly collapsed. It then details the terms of ...
The decision to lend to AIG was motivated by a single goal: to protect the U.S. and global economies and the American people from the devastating effects that ...
Jul 28, 2023 · The world's largest insurance company received an astounding $180 billion from the U.S. government during the financial crisis of 2007–2008.
Jun 8, 2010 · Q. Why did the government bailout AIG? A. American International Group, Inc., or AIG, is a large insurance corporation with ties to banks ...
... AIG Mr. Greenberg, he raises questions as to whether or not a government bailout of AIG was absolutely necessary. In fact, he admits there was a liquidity ...
AIG is notable for having received taxpayer bailouts and in the fourth quarter of 2008 posted a loss of $61.7 billion (~$85.7 billion in 2023), the greatest ...
Sep 19, 2008 · Nine billion dollars is a lot of money, but as AIG executives and the board examined their balance sheet and pondered the markets in the ...
Aug 3, 2015 · Securities lending, a less-discussed facet of the business, lost AIG $21 billion and bears a large part of the blame, the authors concluded.