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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.
American International Group, Inc. (AIG) is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. [6] As of 2023, AIG employed 25,200 people. [2] The company operates through three core businesses: general insurance, life & retirement, and a standalone technology-enabled subsidiary.
Joseph J. "Joe" Cassano (born 12 March 1955) is an American insurance executive who was an officer at AIG Financial Products from the division's founding in 1987 until his resignation in February 2008. [1] Cassano is considered a key figure in the financial crisis of 2007–2008. [2]
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A daily look at the legal news and business of law: The AIG Unit Whose Trades Brought the Company Down Now Adds to Its Woes According to a new lawsuit, American International Group's (AIG ...
Since the financial crisis, American International Group has had a wild ride. From a (split-adjusted) pre-crisis high of $1,547 per share to a low of just $8.22 per share in 2009, to the current ...