Browsing Tag

Bailout

AIG to hold first shareholders’ meeting with US taxpayers in control

Former insurance giant AIG owes quite a lot to US taxpayers. Not only does the company owe taxpayers billions of dollars in form of bailout

Banks looking to pay off bailout funds

This should be good news to all taxpayers. While housing giants Freddie Mac and Fannie Mae both rendered incapable of operating without bailout money, majors

May 19, 2009 Banking

Freddie Mac needs more bailout help

The real estate crash has taken the market’s biggest players to the dumps. Freddie Mac is still very much in the red despite opinion that

May 12, 2009 Other News

AIG execs to return bonuses in full

New York Attorney General Andrew Cuomo reported that AIG’s 15 of the top bonus receivers have agreed to return their huge bonuses in full. This

March 24, 2009 Corporate, Government, Recession

Outrage on AIG “staggering” bonuses

Both the feds and taxpayers are outraged by the bonuses that AIG executives. AIG, risking collapse last year, received billions in bailout money from the

March 17, 2009 Corporate, Recession
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