James Cole Jr. Joins AIG Insurance Board of Directors
AIG, the multinational finance and insurance corporation is proud to announce its Board of Directors has elected James Cole Jr. as a director....
AIG
AIG Says Bailout Terms Were Unfair, Is it Considering a Lawsuit?
Elizabeth Warren has called AIG's suggestions "ridiculous"...
Does AIG Deserve a ‘Thank You’ From the Public?
Insurance giant was bailed out by the U.S. government, but one opinion suggests it was an obligation...
Poll: Majority Says Bonuses for Bailed Out CEOs Unfair to Taxpayers
Poll results: If you were an executive at a Wall Street firm that received government bail-out money, would you accept a year-end bonus?...
How to Find Lucrative Financial Institution Stocks
The recent economic and stock market meltdown started with the implosion of a handful of big banks and Wall Street brokerage firms. And the financial...
Day 64
Obama gave his second news conference to “update [people] on the steps we’re taking to move this economy from recession to recovery and ultimately to...
House Passes Greed Tax
The U.S. House of Representatives voted 328-93 today to approve a bill that taxes bonuses such as ones awarded at American International Group Inc. that...
Day 58
The president accepted blame for the bonuses paid to AIG executives with bailout funds while at the same time saying it wasn’t his fault. He...
Obama’s Remarks to Small Business Owners, Community Lenders, and Members of Congress
Remarks by the President to Small Business Owners, Community Lenders, and Members of Congress President Barack Obama: Thank you very much. First of all, Marco,...
Survival of the Fittest in a Tough Economy
Call it natural selection: a concept developed by 19th century scientist Charles Darwin that argues only animals able to adapt will survive. This has everything...