Govt prosecutors may not charge AIG executives

Government prosecutors may decide not to charge insurer American International Group's executives for their role in financial contracts that brought the firm close to a collapse, a media report has......

AIG to recoup $45 mn from employees: Report

Insurer American International Group will recover $45 million from its employees given as retention payments last year and return the amount to the government, a media report says. Attributing to......

'AIG is too large and needs to shrink'

American International Group's chief executive Robert Benmosche has said the insurance company is 'too big' and 'complex' to manage and needs to shrink. In an interview to the 'Wall Street......

$7,700-bonus for AIG kitchen assistant!

American International Group shelled out retention bonuses to hundreds of employees at its financial products division, including a kitchen assistant, who received $7,700, says a media report. The......