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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 ...
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]
American International Group, Inc. (AIG) is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. [5] As of 2023, AIG employed 25,200 people. [6] The company operates through three core businesses: general insurance, life & retirement, and a standalone technology-enabled subsidiary.
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 ...
AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of American International Group, Inc. For additional information, please visit ...
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
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