Read more AIG stories on Newserhttp://www.newser.com/taggrid/8437/aig.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 11:07:57 CSThttp://www.newser.com/story/74462/aig-bailout-squandered-our-money-trust.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFinancial officials, “most notably Timothy Geithner,” deservedly lost the public's trust with their no-strings-attached bailout of AIG, Paul Krugman rails in the New York Times . As a damning report from the TARP inspector general points out, the government made no serious attempt to extract concessions from the banks that made...http://www.newser.com/story/74462/aig-bailout-squandered-our-money-trust.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 20 Nov 2009 9:55:33 CSThttp://www.newser.com/story/74200/fed-report-rakes-geithner-over-aig-bailout.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTim Geithner did a lousy job of looking out for the interests of taxpayers during the AIG bailout last year, according to a report from a federal oversight group. Geithner, then head of the Federal Reserve Bank of New York, made no attempt to renegotiate AIG's debts, effectively giving the...http://www.newser.com/story/74200/fed-report-rakes-geithner-over-aig-bailout.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 17 Nov 2009 4:18:00 CSThttp://www.newser.com/story/73830/aigs-benmosche-im-not-quitting.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAIG CEO Robert Benmosche isn’t fed up with running a government-controlled insurance giant after all: Backing away from his threat to quit, Benmosche said today that he remains "totally committed” to the company. The CEO conceded, however, that he and the board “are indeed frustrated” with the government’s restrictions on...http://www.newser.com/story/73830/aigs-benmosche-im-not-quitting.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 11 Nov 2009 15:00:13 CSThttp://www.newser.com/story/73786/annoyed-by-feds-aig-ceo-threatens-to-quit.html?utm_source=syn&utm_medium=rss&utm_campaign=tagJust 3 months after taking the job, AIG CEO Robert Benmosche is threatening to storm out in a huff. At a directors’ meeting last week the voluble Benmosche, formerly of MetLife, told colleagues he was “done” with trying to operate the 80% taxpayer-owned company under federal supervision, particularly with regard...http://www.newser.com/story/73786/annoyed-by-feds-aig-ceo-threatens-to-quit.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 11 Nov 2009 8:43:02 CSThttp://www.newser.com/story/72693/pay-czar-cuts-bonuses-but-boosts-salaries.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBase pay will increase for the majority of top execs in the finance and auto firms supervised by federal pay czar Kenneth Feinberg. Salaries are being bumped up—by hundreds of thousands of dollars in some cases—as bonuses and other perks are slashed. Despite the salary hikes, all 136...http://www.newser.com/story/72693/pay-czar-cuts-bonuses-but-boosts-salaries.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 28 Oct 2009 1:24:23 CDThttp://www.newser.com/story/72639/ousted-aig-ceo-builds-aig-2-with-aig-talent.html?utm_source=syn&utm_medium=rss&utm_campaign=tagHank Greenberg built AIG into a $1 trillion behemoth that needed the biggest bailout in history—but quietly, the former CEO has begun a new insurance company, CV Starr, that is poaching some of AIG's leading talent. He just got an unintended assist from the Treasury: Tough new pay rules...http://www.newser.com/story/72639/ousted-aig-ceo-builds-aig-2-with-aig-talent.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 27 Oct 2009 7:47:36 CDThttp://www.newser.com/story/72353/aig-chief-pay-czars-authority-limited.html?utm_source=syn&utm_medium=rss&utm_campaign=tagKen Feinberg won’t take your money, AIG’s chief executive told his employees yesterday. Hours after reports broke that the pay czar would be targeting the troubled insurance firm with salary caps, CEO Robert Benmosche sent a memo reassuring employees that “the Special Master's jurisdiction is quite limited, and we expect...http://www.newser.com/story/72353/aig-chief-pay-czars-authority-limited.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 22 Oct 2009 14:00:00 CDThttp://www.newser.com/story/72322/50-pay-cuts-for-bailout-execs-due-today.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe Treasury Department today is expected to order seven companies that have not paid back last year's US government bailouts to halve their top executives' average compensation. The cuts apply to the 25 highest-paid executives at banks and other companies that received the most assistance, with salaries being slashed by...http://www.newser.com/story/72322/50-pay-cuts-for-bailout-execs-due-today.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 22 Oct 2009 9:40:58 CDThttp://www.newser.com/story/72253/pay-czar-slashes-top-salaries-at-7-bailed-out-firms.html?utm_source=syn&utm_medium=rss&utm_campaign=tagPresident Obama’s pay czar will cut compensation for the 25 highest-paid employees at seven companies that took large amounts of government aid. The 175 executives will face salary reductions of 90%, but with other compensation elements added in, the total reductions average 50%. Ken Feinberg also will require the seven...http://www.newser.com/story/72253/pay-czar-slashes-top-salaries-at-7-bailed-out-firms.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 21 Oct 2009 15:53:35 CDT