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AIG owned Stowe Mountain Resort until February 2017. At the time of ownership, it was AIG's only ski business. AIG's connection to Stowe started when C.V. Starr, the company's founder, invested in the resort in 1946. A $300m, 10 year expansion was started in 2005. [16]
Sullivan's severance package payments were withheld by AIG after the then Attorney General of New York, Andrew Cuomo, raised issues. [7] According to USA Today, "AIG CEO Martin Sullivan received $25.4 million in non severance related compensation between 2005 and 2007, including $322,000 for private use of corporate aircraft, $153,000 for car and parking, $160,000 for home security and $41,000 ...
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The analysts got it right. Predicting that insurer AIG would report a loss for the fourth quarter 2012 was correct, though it only covers one aspect of the company's operations. When we dig a ...
Troubled, taxpayer-owned insurance giant American International Group (AIG) reported a narrower fourth-quarter loss Friday, helped by easy year-over-year comparisons, but the company still lost ...
The company's finance directors concealed large debts. MG Rover Group: United Kingdom: 15 April 2005: Automobiles: After diminishing demand, and getting a £6.5m loan from the UK government in April 2005, the company went into administration. After the loss of 30,000 jobs, Nanjing Automobile Group bought the company's assets. Bayou Hedge Fund Group
There has been a 28% rise in mobile phone robbery in London and a 22% increase in theft of devices over the last 12 months, figures show. Mobile phone companies have role in ‘helping crush ...
AIG Financial Products Corporation (AIGFP) is a subsidiary of the American International Group, headquartered in New York, New York, with major operations in London.The collapse of AIG Financial Products, headquartered in Wilton, Connecticut, is considered to have played a pivotal role in the global financial crisis of 2008–2009.