Search Results for: AEG
Big losses and having to raise $20 billion has been too much for AIG’s (AIG) largest investors. They are expected to get their way today. The AIG board will jettison CEO Martin Sullivan....
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AIG’s (AIG) ancient former CEO Hank Greenberg is not happy with how the place is run. He shouldn’t be, but neither should any of the company’s shareholders. The stock is off 10%...
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American Electric Power (NYSE: AEP) is increasing its push into renewable and alternative energy with a fairly lofty goal on the surface. The utility with more than 5 million customers over 11...
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There had been hopes that Hank Greenberg was going to come with his own plan to save American International Group (NYSE: AIG). That was removed yesterday after the company agreed to the government...
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AIG has already taken in $180 billion of taxpayer money and there is absolutely no reason to believe that most of it will be returned. The insurance company is still losing money and its efforts to...
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The utility sector is a favorite of dividend and income investors. The group was the best performing group of 2011 as investors snapped up higher dividends rather than Treasuries and CDs. So far,...
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American International Group, Inc. (NYSE: AIG) is making money on an operating basis. Joe Public, a.k.a. the Taxpayer, is making money then rightg? Maybe. Uncle Sam Insurance reported earnings...
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Martin Sullivan, the CEO of AIG (AIG), was sent to the guillotine yesterday. The beheading of financial company chiefs is now so commonplace that crowds don’t even gather anymore to witness the...
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American International Group Inc. (NYSE: AIG) may have yet one more rabbit to pull out of the hat that could pay back the American taxpayers who funded its bailout during the financial meltdown. ...
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Since AIG (AIG) is handing out money to anyone it can find, why not give some cash to hedge funds to help them show profits and potentially make their partners millions of dollars.According to The...
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Greece petitioned Eurozone nations and the IMF for the funds necessary to keep it solvent, according to several media sources. The Eurozone countries have made a “promise” to join the...
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American International Group Inc. (NYSE: AIG) is under pressure. This morning is the effective date of a 1 for 20 reverse split. Our closing bell price was $1.16 yesterday, and that would imply a...
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One of the things that Congress and the Administration knows but do not want to admit in public is that bailouts are messy affairs where most of what is planned does not work and one of the...
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