Robert Benmosche

Top Executives at Bailed-Out Firms Have Pay Cut

Nearly 70 top executives at three companies bailed out by the taxpayers during the 2008 financial crisis -- AIG, Ally Financial and GM -- were ordered to take pay 10% cuts by the federal government, and the CEOs had their pay frozen at 2011 levels.

AIG Finalizes Its Plan to Repay the U.S. for Bailout

After months of planning, AIG announced Thursday that it had entered into an agreement with the Treasury Department and the Federal Reserve Bank of New York about how it will repay in full its obligations to the U.S. government and regain its independence.

Trouble in the Boardroom: AIG's Golub Is Latest to Resign

The chairman of AIG was not the only top executive to resign in recent weeks. In what appears to be a clash of the titans in corporate boardrooms, the heads of Paychex, H&R Block, and W.P. Carey have also recently joined the ranks of the unemployed.

Are senior AIG execs going broke?

AIG (AIG) CEO Robert Benmosche wants to make it clear that many of his senior staff have made tremendous financial sacrifices in the insurance firm's...

AIG's CEO threatens to leave, at last

In an exclusive report in The Wall Street Journal, word emerged that AIG (AIG) CEO Robert Benmosche has said he may leave, largely because of what he...

AIG wants to slash Wall Street fees

According to documents obtained exclusively by Bloomberg, new AIG (AIG) CEO Robert Benmosche wants Wall Street firms taking divisions of the...

The mysterious rise of AIG

There is no reason under heaven that AIG (AIG) should be up from $33 on Wednesday to over $50 today. At least it has sold off a bit in the...