Highlights
A collection of news and information related to American International Group published by Tribune Company sources.
Displaying items 1-12 of 180
» View chicagotribune.com items only
1
2
3
4
5
6
7
8
9
10
11-15
Next >
-
2009 deficit projected to hit $1.2 trillion
The federal budget deficit will hit an unparalleled $1.2 trillion for the 2009 budget year, according to grim new Congressional Budget Office figures. The CBO estimate released Wednesday also sees the economy shrinking by 2.2 percent this year and...Tags: U.S. Department of Treasury, Republican Party, Budgets and Budgeting, Federal Reserve, National Government
-
Kashkari says $700 billion bailout effort has made the nation's financial system more stable
AP Economics WriterWASHINGTON (AP) — The head of the government's $700 billion financial rescue program said Thursday that the effort has made the nation's financial system more stable. Neel Kashkari, the assistant treasury secretary in charge of the bailout program,...Tags: Citigroup Incorporated, General Motors Corp., U.S. Department of Treasury, Automotive Equipment, National Government
-
Congressional Budget Office projects $1.2 trillion deficit for 2009
Associated Press WriterWASHINGTON (AP) — The federal budget deficit will nearly triple to an unprecedented $1.2 trillion for the 2009 budget year, according to grim new Congressional Budget Office figures. The eye-popping estimates reflect plummeting tax revenues because...Tags: Government Debt, Fannie Mae, U.S. Department of Treasury, Republican Party, Budgets and Budgeting
-
7 banks get $15B from Treasury
The government said Monday it had supplied another $15 billion to seven banks in the latest round of payments from the $700 billion rescue fund. The Treasury Department said the biggest payment in the new round totaled $7.58 billion to Pittsburgh-based...Tags: Citigroup Incorporated, General Motors Corp., U.S. Department of Treasury, Banking, Heads of State
-
Wall Street follies
2008 marked the end of Wall Street's "Masters of the Universe" phase -- roughly three decades of head-spinning financial engineering, astronomic compensation and an intricate global web of deal-making. By year's end, New York's five largest investment...Tags: Sales, J.P. Morgan Chase & Co., The Goldman Sachs Group Incorporated, Bears Stearns Cos., Banking
-
In '08, investors who lost less won
If you're nursing a market-average 40%-or-so loss in your stock portfolio in 2008, just remember: It could have been worse -- much worse. The destruction in the stock market this year was notable not just for its breadth but for the number of huge...Tags: Fannie Mae, Washington Mutual Inc., Sprint Nextel Corporation, General Motors Corp., Liz Claiborne Incorporated
-
'08 loss worst since 1930s
The stock market closed out 2008 yesterday, finishing a year with the worst performance since the Great Depression after weary investors faced a deep recession, the fallout of the subprime mortgage mess and some of the most volatile trading days in...Tags: T. Rowe Price Group Incorporated, First Mariner Bancorp, Franklin Delano Roosevelt, Warren Buffett, Maryland
-
Insurers Weathered Financial Storm In 2008
The Associated PressStorms weren't the only thing that battered insurance companies in 2008, and the new year could be just as tough. Perhaps the biggest event to shake the industry in 2008 was the sudden collapse of American International Group Inc., once the largest...Tags: Securities, XL Capital Limited, Deutsche Bank AG, Insurance, Natural Disasters
-
Was 2008 The Beginning Of Another Great Depression?
McClatchy-TribuneIt wasn't 1929, but like that infamous year, 2008 is sure to be remembered by economic historians as one unlike any other. "We had a much simpler financial system back then. The number of wild and crazy things that happened this year is completely...Tags: Commodity Markets, 401K, Glenview, Lehman Brothers Holdings Incorporated, Epidemics and Plagues
-
The Year In Business
The Associated PressFirst, investment bank Bear Stearns teetered near collapse, then was sold in a shotgun deal to JPMorgan Chase & Co. in a deal that valued each of Bear's shares at $10 -- roughly the same price as a New York movie ticket. The shares had traded at $154...Tags: J.P. Morgan Chase & Co., Corporate Crime, Lehman Brothers Holdings Incorporated, Investment Service, Connecticut
-
Rockets' red glare, dollars bursting in air
Lawmakers and taxpayers screamed bloody murder when they heard about bailed-out execs flying around in corporate jets. So the reaction tonight, when a company affiliated with American International Group simply tosses $200,000 into the Inner Harbor air?...Tags: Restaurants, Christopher Lee, New Year's Day, Robert L. Ehrlich Jr., Maryland
Jan 8, 2009
|Story| Allentown Morning Call
Jan 8, 2009
|Story| Associated Press
Jan 7, 2009
|Story| Associated Press
Jan 6, 2009
|Story| Hampton Roads Daily Press
Jan 4, 2009
|Story| Los Angeles Times
Dec 30, 2008
|Story| Los Angeles Times
Jan 1, 2009
|Story| Baltimore Sun
Jan 1, 2009
|Story| Los Angeles Times
Dec 31, 2008
|Story| Associated Press
Dec 31, 2008
|Story| McClatchy-Tribune
Jan 1, 2009
|Story| Associated Press
Dec 31, 2008
|Column| Baltimore Sun
