Tag archive for ‘AIG’
Niva Goldberg On Friday, February 12th, 2016

AIG Names John Paulson and Icahn Ally Merksamer to Board

John Paulson, the hedge fund manager, and Samuel Merksamer, a managing director at Icahn Capital, are to become directors from May, AIG said on Thursday. The board of American International Group Inc., More...

sima On Tuesday, January 26th, 2016

How AIG Will Return $25 Billion to Shareholders While Rebuffing Icahn

  Returning at Least $25 Billion of Capital to Shareholders over Next Two Years  Executing IPO of up to 19.9 percent of United Guaranty Corporation as a First Step Towards a Full Separation Streamlining More...

News Brief On Wednesday, January 20th, 2016

Carl Icahn Is Going After AIG Again

Activist investor Carl Icahn took another swing at American International Group AIG 0.12% on Tuesday, saying the only “sensible” option for the insurer was to split up. Tensions have been mounting between More...

Vered Weiss On Monday, February 2nd, 2015

Bruce Berkowitz Gets Some Fannie

  Bruce Berkowitz got some more Fannie Mae, 1.8 million shares worth, and also loaded up on Freddie Mac to the tune of 3.1 million shares for his firm Fairholme Management, between August 31 and November More...

Vered Weiss On Tuesday, November 25th, 2014

Dan Loeb’s Vicious Schmear Campaign against Dow Chemical

Jim Cramer didn’t hold back (when does he?) in his passionate criticism of activist hedge fund manager Dan Loeb of Third Point and his treatment of Dow Chemical, as reported by CNBC. Loeb owns a 2% stake More...

Vered Weiss On Monday, November 17th, 2014

Fund Managers Still Bullish on American International Group

American International Group, better known as AIG, is still a popular holding among hedge funds. In fact, investment in the stock has increased, with Ricky Sandlar, Barry Rosenstein and John Armitage More...

Vered Weiss On Sunday, November 16th, 2014

Leon Cooperman’s Omega Buys Alibaba and Groupon

–   As revealed in a 13F filing, Leon Cooperman’s Omega Advisors initiated a position in Groupon and Alibaba. Insider Monkey reports that Omega disclosed an $8.7 million stake in Groupon. More...

Tibi Singer On Monday, November 3rd, 2014

Hank Greenberg May Be Forced to Admit AIG Disaster Under his Leadership

You probably know that Maurice R. “Hank” Greenberg is suing the U.S. government for $40 billion over the bailout of his American International Group Inc. Yes, this is precisely a case in which a drunk More...

Vered Weiss On Monday, October 6th, 2014

Rags to Riches: Ex-AIG Chief Jay Wintrob to Head Oaktree Capital

    Former CEO of AIG, Jay Wintrob will head Oaktree Capital, a firm which manages distressed debt and has $91 billion assets under management as of June. Wintrob has been on Oaktree’s board More...

Vered Weiss On Friday, October 3rd, 2014

Goldman Sachs, JPMorgan, Had Plan For Private Bailout of AIG

–   Goldman Sachs CEO Lloyd Blankfein and JPMorgan head Jamie Dimon were putting together a plan to bail out AIG privately before the government stepped in, Bloomberg reports.  Maurice “Hank” More...

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