Liddy

Robert Benmosche, the newly chosen Chief Executive for AIG (AIG), put the brakes on sales of AIG assets and reopened a working relationship with former Chief Executive Maurice "Hank" Greenberg as some of his first acts as the new CEO. Benmosche wants to totally reverse decisions of the most...

Does anyone who can't send a baseball into orbit, create the next hit YouTube video or cure cancer "deserve" to be paid $7 million ? I am not sure. But what I can say is that paying that level of salary to American International Group Inc. (AIG) Chief Executive Robert Benmosche seems reasonable....

What was a rumor in the morning became a fact this afternoon. AIG (AIG) has appointed a new president and CEO, Robert H. Benmosche , who was until recently the head of Met Life (MET). Benmosche clearly has the credentials to run AIG as did the man who preceded him in the job, Ed Liddy, the former...

In an effort to repay some of its $173.3 billion debt to the United States government, AIG (AIG) reached an agreement with the Federal Reserve Bank of New York to pay back $25 billion through initial public offerings of two of its international life-insurance units -- American International...

After days of rallying, the market decided that bank stocks had gone too far. With no first quarter earnings out, the fact is that the current quarter could still be tough. Financial shares could still reset lower. And the market reacted accordingly. The Dow fell 122.42 points, or 1.65 percent, to...