American International Group Inc. said it’s taking another step to distance itself from a 2008 bailout and the public outrage that followed by rejecting a former chief executive officer’s lawsuit over the rescue.
American International Group Inc. opted against joining its former chief executive officer in a lawsuit against the U.S. after lawmakers said the case was an insult to taxpayers who bailed out the insurer.
American International Group Inc.’s rescue is coming to an end more than four years after the U.S. took over the company to save the global economy in a bailout that fueled resentment against Wall Street.
American International Group Inc.’s rescue has come to an end with the U.S. raising $7.6 billion in its final offering of the insurer’s shares, four years after a bailout that fueled resentment against Wall Street.
Robert Benmosche , who said the U.S. will be repaid with interest for American International Group Inc. ’s bailout, is set to become the insurer’s longest-serving chief executive officer since the firm’s near-collapse in 2008.
American International Group Inc. , once the world’s largest insurer, struck a deal to repay the Federal Reserve as the company works toward independence, less than two years after the bailed-out firm’s then-leader said the AIG name was “disgraced.”
American International Group Inc., the insurer that counts the U.S. as its largest shareholder, posted a fourth straight profit as gains in the value of its AIA Group Ltd. stake fueled investment results.