News that executives at AIG will receive a cumulative $165 million in bonuses has many Americans and political pundits up in arms, according to ABC News.

The bonuses were part of …  Read →

A co-worker asked a slightly humorous — but equally disturbing question — regarding the reported potential takeover of parts of AIG by the federal government: “Are we becoming the United …  Read →

American International Group Inc. is asking the federal government to lessen the insurer’s bailout burden, according to an article in the Wall Street Journal. Yes, that burden. The one where …  Read →

Sorry soccer fans, but you may need to purchase an updated Manchester United jersey next year.

ESPN is reporting that American International Group has no plans to renew its shirt sponsorship …  Read →

At a time when two of its main national competitors, Aetna and CIGNA, have cut at least 1,000 jobs each to prepare for the effects of recession on health plan …  Read →

While it is not likely, it is possible that payouts to “clients” of Bernie Madoff — the Wall Street swindler who operated what is probably the largest Ponzi scheme in …  Read →

With insurers among the first to line up for a federal bailout, followed by the auto industry, speculation has run rampant over who might line up next.  While suspects such …  Read →

About six weeks ago, I suggested in this blog that AIG stood for Anything I can Get and that’s exactly what the global insurer has proven. Since that pronouncement, the …  Read →

The fine folks leading American International Group seem to have failed miserably at understanding the financial markets – and now, public sentiment.

This week company officials were rightly taken to task …  Read →