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A collection of news and information related to American International Group published by this site and its partners.

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    May 3, 2013 |Story| Los Angeles Times

  1. Jobs report spurs Dow beyond 15,000 for the first time

    NEW YORK -- It’s only a few days into May, but already investors have seen one surprise after another, as the Dow Jones industrial average passed 15,000 for the first time Friday on the strength of a better-than-expected jobs report.
    NEW YORK -- It’s only a few days into May, but already investors have seen one surprise after another, as the Dow Jones industrial average passed 15,000 for the first time Friday on the strength of a better-than-expected jobs report. The S&P 500,...

    Tags: Stock Market, Credit Ratings, Economic Indicator, Money and Monetary Policy, Finance

    2. Feb 4, 2013 |Story| Los Angeles Times

  2. Airbus snags deal worth $9 billion, including order for 787 rival

    Air Lease Corp., the Century City aircraft-leasing firm, has placed an order for $9-billion worth of jetliners with Airbus.
    Air Lease Corp., the Century City aircraft-leasing firm, has placed an order for $9-billion worth of jetliners with Airbus. The deal, based on aircraft list price, includes an order for 25 A350 XWBs, which is a competitor to Boeing Co.'s grounded 787...

    Tags: Boeing Co., Federal Aviation Administration

    3. Dec 12, 2012 |Story| Los Angeles Times

  3. More Americans optimistic on economy even as 'fiscal cliff' looms

    WASHINGTON -- Despite the looming "fiscal cliff," more&nbsp; Americans are optimistic about the direction of the economy than at any point in about three years, according to <a href="http://media.bloomberg.com/bb/avfile/rFBj0Pn6iyR0">poll </a>results released Wednesday.
    WASHINGTON -- Despite the looming "fiscal cliff," more  Americans are optimistic about the direction of the economy than at any point in about three years, according to poll results released Wednesday. About 38% of respondents in the Bloomberg News poll...

    Tags: Politics, Barack Obama, Republican Party, Polls, Fiscal Cliff

    4. Jan 10, 2013 |Story| Los Angeles Times Exclusive

  4. AIG and big banks are the 'Takers' taking from the rest of us

    In &ldquo;The Fountainhead&rdquo; and her other tomes of hyper-libertarian fantasy, Ayn Rand posits that society is composed of &ldquo;Makers and Takers.&rdquo; In her vision, it is the creative supermen of industry who are the Makers and it is the work-averse, collectivist leeches who feed off the wealth of capitalist empire builders who are the Takers.
    In “The Fountainhead” and her other tomes of hyper-libertarian fantasy, Ayn Rand posits that society is composed of “Makers and Takers.” In her vision, it is the creative supermen of industry who are the Makers and it is the work-...

    Tags: Ayn Rand, Financial and Business Services, Finance, Economy, Business and Finance, Mortgages

    5. Dec 10, 2012 |Story| Los Angeles Times

  5. Treasury to sell its remaining stake in AIG

    WASHINGTON -- The Treasury Department said Monday that it would sell its remaining ownership stake in insurance giant American International Group, effectively ending one of the largest bailouts of the financial crisis and turning a profit for taxpayers.
    WASHINGTON -- The Treasury Department said Monday that it would sell its remaining ownership stake in insurance giant American International Group, effectively ending one of the largest bailouts of the financial crisis and turning a profit for taxpayers....

    Tags: U.S. Department of the Treasury, Finance, Federal Reserve, Economy, Business and Finance

    6. Dec 1, 2012 |Column| Los Angeles Times

  6. Cut Medicare and Social Security? What's the rush?

    The question that normally comes to mind when someone claims to know the future is why he's out hustling rubes for pennies with his purported clairvoyance, instead of using it to make a fortune and retiring to the South Seas.
    The question that normally comes to mind when someone claims to know the future is why he's out hustling rubes for pennies with his purported clairvoyance, instead of using it to make a fortune and retiring to the South Seas. Of course, the answer is...

    Tags: Economic Indicator, Hurricane Sandy (2012), IBM, Computer Hardware, Insurance

    7. Dec 18, 2012 |Story| Los Angeles Times

  7. Treasury to sell stakes in most banks left in TARP program in 2013

    WASHINGTON -- The Treasury Department said Tuesday that it planned to sell the government's stake in about two-thirds of the 218 mostly small banks that still have not repaid bailout money received during the financial crisis.
    WASHINGTON -- The Treasury Department said Tuesday that it planned to sell the government's stake in about two-thirds of the 218 mostly small banks that still have not repaid bailout money received during the financial crisis. The sales, beginning as...

    Tags: U.S. Department of the Treasury, Finance, Federal Reserve, Economy, Business and Finance

    8. Dec 12, 2012 |Story| Los Angeles Times

  8. For the record

    Pilates gear: In the Dec. 8 Saturday section, two photos with an article about yoga and Pilates equipment were switched. The photo with the item about the PeakPilates PilatesStick Basic Kit Package, a door-mounted exercise system, was actually of the...

    Tags: Physical Fitness and Exercise, Phil Angelides , FedEx Corporation

    9. Dec 12, 2012 |Story| Los Angeles Times

  9. Southern California posts most November home sales since 2006

    Southern California's housing market surged again last month, with the number of homes sold climbing more than 14% from a year earlier to their the highest level for any November in six years.
    Southern California's housing market surged again last month, with the number of homes sold climbing more than 14% from a year earlier to their the highest level for any November in six years. It was the 11th straight month of year-over-year increases,...

    Tags: Seafood, Foods and Beverages, Homes, Real Estate, Services and Shopping

    10. Dec 10, 2012 |Story| Los Angeles Times

  10. AIG to sell Century City aircraft leasing firm to Chinese investors

    WASHINGTON --&nbsp; American International Group announced it is selling a majority stake in its Century City aircraft leasing company to Chinese investors as the&nbsp;insurance giant continued to shed non-essential assets to help pay off its government bailout money.
    WASHINGTON --  American International Group announced it is selling a majority stake in its Century City aircraft leasing company to Chinese investors as the insurance giant continued to shed non-essential assets to help pay off its government bailout...

    Tags: U.S. Department of the Treasury, Big 3 Auto Bailout (2008), Finance, Federal Reserve, Economy, Business and Finance

    11. Jan 9, 2013 |Story| Los Angeles Times

  11. AIG board decides not to sue U.S. government over bailout

    WASHINGTON -- American International Group Inc., said Wednesday its board of directors decided not to sue the U.S. government over the bailout that rescued the company.
    WASHINGTON -- American International Group Inc., said Wednesday its board of directors decided not to sue the U.S. government over the bailout that rescued the company. News that the insurance giant was considering joining a shareholder suit led by...

    Tags: Shareholders, Companies and Corporations, Economy, Business and Finance, Advertising

    12. Jan 8, 2013 |Story| Los Angeles Times

  12. AIG said to consider suing U.S. for bailout that saved company

    WASHINGTON -- At the same time American International Group Inc. has been running high-profile ads thanking America for the bailout that saved the company, the insurance giant reportedly is considering joining a shareholder suit against the U.S. government for the rescue.
    WASHINGTON -- At the same time American International Group Inc. has been running high-profile ads thanking America for the bailout that saved the company, the insurance giant reportedly is considering joining a shareholder suit against the U.S....

    Tags: Crime, Law and Justice, Online Advertising, Sports, Finance, Federal Reserve

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American International Group Photos
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People pass the AIG building, in New York, Tuesday. Ame...
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 » All 32 American International Group photos