AIG

New York, November 12 -- Bill Gates, one of the world’s richest men and founder of Microsoft, said Wednesday that Wall Street compensation is “often too high” and further bids to regulate pays could rebound.

New York, November 11 -- According to a latest report, Robert Benmosche has threatened to resign as the chief executive of insurance giant American International Group (AIG) (NYSE:AIG), just three months after being appointed as the head of the insurance company that had recently received billions in government aid.

New York -- Edward Liddy, chosen last year by the Federal Reserve to run U.S. insurance giant AIG, announced his resignation Thursday.

Washington -- The New York Federal Reserve was aware of American International Group Inc.'s bonus pay plans months before the public controversy, government records show.

New York-- U.S. insurance giant American International Group Inc. said it had agreed to sell one of the most coveted addresses in Tokyo for $1.2 billion.

Washington -- Key congressional committee members have asked federal authorities for confidential records involving U.S. insurance giant American International Group Inc.

New York -- Wholesale executive changes among beleaguered firms like American International Group Inc. may not be the wisest move, an executive consultant said.

New York -- A top executive at American International Group has tendered his resignation, claiming he was "betrayed" by the U.S. insurance giant.

The AIG (NYSE: AIG) bonus brouhaha has yielded a new
angle. Indignant AIG executive vice president Jake DeSantis has
resigned from the company, forwarding his resignation letter to CEO Edward Liddy to the New York Times (NYSE: NYT).

Trenton, N.J. -- Nineteen states are investigating U.S insurance giant American International Group Inc., for possible securities fraud based on its bonus pay, officials said.