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American International Group

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Top American International Group Articles

Displaying items 13-24
  • Obama: 'Culture of irresponsibility'

     
    by Mark Silva President Barack Obama, arguing that Wall Street created "a culture of irresponsibility,'' is calling on Congress today to create a new framework of federal financial regulation. "A culture of irresponsibility took root from Wall Street to...
  • TARP inspector general questioned

     
    by Tom Hamburger and Peter Wallsten He was appointed with fanfare in December as public watchdog over the government's multibillion-dollar bailout of the nation's financial system. But now Neil Barofsky, inspector general of the Troubled Asset Relief...
  • Obama, racial politics and taking sides

     
    by Peter Wallsten By inserting himself Wednesday night into the case of an arrested Harvard University professor, President Obama made the most overt step of his tenure into the nation's racial politics. The measured and cautious Obama that Americans...
  • Say on pay: House says yea

     
    by Richard Simon Responding to the public furor over bonuses paid to executives of Wall Street firms bailed out by taxpayers, the House today voted to give shareholders a bigger say over compensation in the first piece of President Obama's......
  • Bernanke: Economic recovery coming

     
    by Mark Silva This just in from Jackson Hole: Federal Reserve Chairman Ben Bernanke declared today that the nation's economy stands on the verge of a long-awaited recovery from a brutal recession, the worst financial crisis since the Great Depression........
  • Bernanke, 'bold,' offered anew for Fed

     
    By Christi Parsons and Mark Silva OAK BLUFFS, Mass. -- President Barack Obama, praising Federal Reserve Chairman Ben Bernanke for resolute handling of the worst economic crisis in decades, said today that he will nominate the appointee of his Republican.....
  • Obama nominating Bernanke: New term

     
    by Jim Puzzanghera and Christi Parsons Federal Reserve Chairman Ben S. Bernanke, a scholar of the Great Depression who moved boldly last fall to prevent another economic catastrophe, will be nominated by President Obama to a second four-year term as......
  • Geithner: 'Look at what (we've) done'

     
    by Mark Silva Treasury Secretary Timothy Geithner has gone to London for the G-20 summit, and so has ABC News' Charlie Gibson -- which tends to mean that an interview cannot be far behind. "The president said today, 'Let's not......
  • Obama's stock down, Dow up -- So?

     
    by Mark Silva and updated at 1 pm EDT The stock market is up. And President Barack Obama's stock is down. A relative rally in the Dow Jones average, climbing out of the pit it hit in March but still......
  • GM, Chrysler Execs Could Face Pay Cuts

     
    The U.S. Treasury Department under the leadership of so-called ???pay czar??? Kenneth Feinberg has ordered pay cuts for the top 25 executives at seven companies, including GM and Chrysler, that received substantial federal aid. While banks and the...
  • Ben Bernanke: Time person of the year

     
    by Mark Silva Federal Reserve Chairman Ben Bernanke, a student of the Great Depression who has fought to avert another one, is Time magazine's "person of the year.'' It was Bernanke, and then-Treasury Secretary Henry Paulson, who were said to......
  • Top stories, 2009: Economy, health care

     
    by Mark Silva The economy was the big story of 2009. That and health care. From the start of the year, Americans have paid close attention to both an unfolding economic crisis, the Pew Research Center has found in a......