Wikio - American International Group

SPI Would Have You Believe AIG "Smoking Gun" Memo" is Still Smoking! (Structured Settlements 4Real: What')

Sat, 05 Jul 2008 17:02:06 GMT

Settlement Professionals Inc. (SPI) continues to use outdated "props" to support solicitation to hire the company for lucrative insurance business from plaintiff lawyers. It has dedicated an entire page to what it calls the AIG "Smoking Gun" memo. Here are...

Source : Structured Settlements 4Real: What' (subscribe)

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For sale: Personal communication unit of UTStarcom (Wireless Federation)

Fri, 04 Jul 2008 12:41:02 GMT

UTStarcom has decided to sell its personal communications Division to a newly formed entity controlled by AIG Vantage Capital, a part of AIG Investments. The expected transaction is approximately $240 million which will be based primarily on the net working capital levels, subject to certain criteria and adjustments. UTStarcom could also receive up to $50 million based [...]

Source : Wireless Federation (subscribe)

DJIA Leaders & Laggards: UTX AIG (Boston Globe)

Thu, 03 Jul 2008 18:17:31 GMT

Shares of United Technologies Corp. rose in a short trading session Thursday, as the Dow Jones industrial average recovered from an annual low.

Source : Boston Globe (subscribe)

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Mortgage News - AM Edition - Thursday, July 03rd, 2008 (http://truthfullending.com/feed/)

Thu, 03 Jul 2008 16:00:03 GMT

Banks expected to reduce mortgage lending 'even further' Tata AIG, Allahabad Bank tie up to offer mortgage cover Mortgage Applications Rose During Week British construction activity falls Paulson: UK, US must overhaul old bank regulations Ex-Broker Faces Sentencing in Mortgage Scam

Source : http://truthfullending.com/feed/ (subscribe)

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AIG Revises Economic Growth Projections (All Africa)

Thu, 03 Jul 2008 15:48:14 GMT

AIG has revised its economic growth projections for Kenya upwards from 3 per cent to 4.3 per cent, to reflect the improved political climate and recovery in key sectors such as agriculture, manufacturing, infrastructure development and tourism.

Source : All Africa (subscribe)

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Failed AIG CEO receives $47 million for his troubles (Soulfull Vibes)

Thu, 03 Jul 2008 14:59:19 GMT

Poor fellow. I hope that he will be OK though he does have the advantage of having an office and secretary until the end of the year. This is a new era, where record losses are ignored and... Visit Soulfull Vibes for more information

Source : Soulfull Vibes (subscribe)

Manchester United may play football in Vietnam (Vietnam Business Finance)

Thu, 03 Jul 2008 11:55:00 GMT

The Bank for Investment and Development of Viet Nam (BIDV) has a plan to invite world-famous Manchester United (MU) football club to Viet Nam via AIG in late 2007. This information was leaked out after Euro 2008, bringing pleasure to Vietnamese football fans. Related to this issue, the Viet Nam Football Federation (VFF) planned to meet on July 2 to discuss the plan to invite MU to Vietnam.

Source : Vietnam Business Finance (subscribe)

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Charges Against Ex-A.I.G. Executive Dropped (DealBook)

Thu, 03 Jul 2008 10:50:13 GMT

Federal prosecutors have dropped criminal charges against a former executive at AIG Global Investment in connection with a supposed scheme to bribe Azerbaijan officials over the privatization of the State Oil Company of the Azerbaijan Republic. Charges against David B. Pinkerton were dismissed at the government’s request in which Jonathan S. Abernethy, an assistant United States [...]

Source : DealBook (subscribe)

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UTStarcom Sells Mobile Phone Division to Private Equity Investors (cellular-news)

Thu, 03 Jul 2008 09:01:58 GMT

UTStarcom has announced plans to sell its mobile phone division - Personal Communications Division ("PCD") to a newly formed entity controlled by AIG Vantage Capital, a part of AIG Investments.

Source : cellular-news (subscribe)

Explore : Cell Phone, Investors, Phone, Private Equity

AIG: The Success of Failure (Seeking Alpha)

Thu, 03 Jul 2008 09:00:45 GMT

Ken Bell submits: "Go for a business that any idiot can run -- because sooner or later, any idiot is probably going to run it." Peter Lynch On Tuesday night, we learned that AIG's (AIG) former Chief Executive, Martin Sullivan, whose "retirement" was announced on June 15th, will be receiving a $47 million severance package. Poor AIG. Imagine how much better the shareholders would have fared if, instead...

Source : Seeking Alpha (subscribe)

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Failed AIG CEO receives $47 million for his troubles [AMERICAblog News| A great nation deserves the truth] (The Liberal Blog Network)

noreply@blogger.com (Chris in Paris) — Thu, 03 Jul 2008 06:10:06 GMT

... it. Hey, he had a contract! Legal wasn't able to find any of those famous loopholes despite AIG losing billions upon billions. What's that? Your company won't even pay for all of your family health insurance after working there for 10 years? Well, you people are always so greedy and just ask for too much. Shouldn't you be working now anyway?

Source : The Liberal Blog Network (subscribe)

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Ex-AIG exec's charges struck (Denver Post)

Thu, 03 Jul 2008 05:58:51 GMT

Former American International Group Inc. director David Pinkerton won dismissal of federal charges accusing him of conspiring with Czech expatriate Viktor Kozeny to bribe government leaders in Azerbaijan in a failed 1998 oil deal.

Source : Denver Post (subscribe)

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How to Succeed By Failing Big-Time at AIG (Finlay ON Governance)

Thu, 03 Jul 2008 02:32:45 GMT

Giant insurance company AIG has decided to award its former CEO, Martin Sullivan, a termination package worth $47 million. Yes, this is the same Martin Sullivan who presided over a record loss of more than $13 billion in the past two quarters and a tumble in stock value of 47 percent. For all [...]

Source : Finlay ON Governance (subscribe)

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Charges Against Ex-A.I.G. Executive Dropped (New York Times)

Thu, 03 Jul 2008 00:54:41 GMT

Federal prosecutors dropped criminal charges against David B. Pinkerton in connection with a supposed scheme to bribe Azerbaijan officials.

Source : New York Times (subscribe)

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AllBank, Tata AIG tie up for home loan cover (The Telegraph India)

Wed, 02 Jul 2008 22:33:40 GMT

Calcutta, July 2: Existing and new home loan borrowers of city-based Allahabad Bank will now get to choose from two life insurance companies while buying a mortgage term assurance cover. A mortgage term assurance covers the life risk of a borrower to the extent of the tenure and amount of loan taken.

Source : The Telegraph India (subscribe)

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Former UTStarcom Personal Communications Division Renamed Personal Communications Devices, LLC (PCD) (Business Wire)

Wed, 02 Jul 2008 19:11:00 GMT

HAUPPAUGE, N.Y.--(BUSINESS WIRE)--Personal Communications Devices Holdings, LLC, a newly formed entity controlled by AIG Investments, today announced the completion of its acquisition of the

Source : Business Wire (subscribe)

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Dr Doom on oversold equities markets, commodity cycles and making money (Marc Faber) (Climateer Investing)

Wed, 02 Jul 2008 13:46:00 GMT

From FT Alphaville: Marc (Dr Doom) Faber marvels in his latest market commentary for clients at the number of analysts and strategists who have issued buy recommendations on financial stocks for the last nine months. AIG was a great buy at $70, at $50 and at $35. Now it is at $27. Same story for Citigroup, which is now down from a high of $57 to $17, and the list goes on… More recently, the weakness...

Source : Climateer Investing (subscribe)

Tata AIG, Allahabad Bank tie up to offer mortgage cover (India eNews: Top Headlines)

Wed, 02 Jul 2008 13:31:37 GMT

Life insurance player Tata AIG and public sector Allahabad Bank joined hands Wednesday to provide mortgage insurance facilities to the bank's housing loan customers.

Source : India eNews: Top Headlines (subscribe)

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Yukon-Nevada Gold Corp. settles with AIG (PR News Wire )

Wed, 02 Jul 2008 13:00:00 GMT

VANCOUVER, July 2 /PRNewswire-FirstCall/ - Yukon-Nevada Gold Corp. (Toronto Stock Exchange: YNG; Frankfurt Xetra Exchange: NG6) (the "Company") is pleased to announce that it has reached a settlement with AIG with regards to the dispute over the payment for the construction of an evaporation pond at Jerritt Canyon, Nevada. "In my opinion, the lawsuit was the result of a breakdown in communication...

Source : PR News Wire (subscribe)

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Research and Markets: Report on the IT Sales Opportunities for American International Group, Inc. (AIG) out Now (Business Wire)

Wed, 02 Jul 2008 12:15:00 GMT

PermalinkTo save a permanent link to this news, right-click the date and time (Ctl-click on a Mac) and choose the command to copy the link, link location or shortcut.Research and Markets: Report on the IT Sales Opportunities for American International Group, Inc. (AIG) out Now DUBLIN, Ireland--()--Research and Markets () has announced the addition of the "American International Group,...

Source : Business Wire (subscribe)

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