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AIG said Wednesday it is putting its downtown Manhattan headquarters and a nearby office building on the sales block. ...more
March 18, 2009
Lawmakers vowed Tuesday to all but strip AIG executives of their $165 million in bonuses as expressions of outrage swelled in Congress over eye-catching extra income for employees of a firm that has received billions in taxpayer bailout money. ...more
March 18, 2009
While Democrats in Congress look to recoup $165 million in bonus money paid to executives at American International Group Inc., three local bankers chimed in on what they considered a perfect storm of rampant greed on Wall Street and negligence on Capitol Hill. ...more
March 18, 2009
Sen. Charles Grassley wants AIG executives to apologize for the collapse of the insurance giant — but said Tuesday that "obviously" he didn't really mean that they should kill themselves. ...more
March 17, 2009
Pressure is mounting on the government to revise its bailout of AIG to ensure that taxpayers are repaid as much as possible of the $170 billion lent to the troubled insurer. ...more
March 17, 2009
Responding to growing public outrage, President Barack Obama reversed course Monday and ordered his administration to "pursue every legal avenue" to challenge $165 million in bonuses recently paid to employees of insurance giant American International Group Inc. ...more
March 17, 2009
President Barack Obama freed billions of dollars to help the nation's small businesses on Monday, hoping to get credit flowing again to Main Street, not just Wall Street. He heaped praise on the little guys of American industry, often overshadowed in the blitz of government bailouts. ...more
March 16, 2009
Crist says Journalists must continue to hold politicians and government officials accountable ...more
March 16, 2009
Rep. Barney Frank charged Monday that a decision by financially strapped insurance giant AIG to pay millions in executive bonuses amounts to "rewarding incompetence." ...more
March 16, 2009
From furlough to frugalista, the recession is changing the way we speak. ...more
March 16, 2009
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