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Showing 131 - 140 of 212 results for "AIG"

Back to the drawing board

BENJAMIN ONG  |  TUESDAY, 31 MAR 2009
... US$21.6 billion these carmakers are begging for to stay alive is peanuts compared to the US$180 billion taxpayer money given to AIG. No, I will not rant about AIG's bonuses again. AIG gave a terrifying presentation on how its collapse would set off a ...

Harrison leaves AIG Life

COMPANY RELEASES  |  THURSDAY, 19 MAR 2009
Stuart Harrison, managing director of local subsidiary AIG Life, has resigned to take a position as AXA Hong Kong chief executive. Harrison has been managing director at AIG Life since 2006. The group has not announced his successor. Mark Wilson, AIA ...

Main Street versus Wall Street

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2009
... amount of lucky charms? Main Street versus Wall Street Now that it has been revealed where US taxpayers' money handed down to AIG is being spent, Main Street is not happy and even President popularity is showing signs of fraying. The Washington Post ...

Seize the pay

MICHELLE BALTAZAR  |  TUESDAY, 17 MAR 2009
... US, local newspapers reported US President Obama's missive for the Treasury to block $165 million in bonuses going towards AIG staff.

AIG: 100 per cent GFC proof

BENJAMIN ONG  |  TUESDAY, 17 MAR 2009
... be the greediest of the greedy -- when the fervour towards nationalisation was on his side. At the beginning of this month, AIG dominated the headlines for announcing the biggest quarterly loss (US$61.7 billion) in corporate history. It sought more taxpayer ...

Maritime Super sets sail

MICHAEL HOBBS  |  TUESDAY, 10 MAR 2009
... Robertson said the fund did not have a sole insurance provider just yet. SRF went through an insurance tender shortly and chose AIG Life as the fund's insurer before the merger and SERF was self insured prior to the merger. "Given members have been covered ...

Fanning the flames of fear

BENJAMIN ONG  |  TUESDAY, 10 MAR 2009
... don't already know. Makes me think that these institutions are hinting of getting more government funding. Speaking of which, AIG takes the cake in scaremongering. AIG's Powerpoint presentation to the US government was scarier than Michael Jackson's ...

Chinese medicine

BENJAMIN ONG  |  THURSDAY, 5 MAR 2009
... in the week, equity and commodity markets - from New York to Rio and old London town - rallied. Markets blamed Buffett and AIG at the start of the week, shouting sell for doom is upon us. Last night the 'expert advise' is buy for things are improving. ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 4 MAR 2009
... national accounts data at 1130 AEDT. Reserve Bank of Australia assistant governor of economics Malcolm Edey speaks at the AIG Annual Economic Forum in Sydney. The Australian Industry Group and Commonwealth Bank Australian Performance of Services Index ...

Market Wrap - Midday

AAP  |  TUESDAY, 3 MAR 2009
... overnight after the US government injected $US30 billion to prevent the collapse of insurance giant American International Group (AIG). BHP Billiton fell 60 cents, or 2.15 per cent to $27.35, while Rio Tinto lost 78 cents or 1.76 per cent to $43.45. ...