Tag archive for ‘American International Group’
News On Wednesday, October 28th, 2015

AIG CEO Rebuffs Carl Icahn’s Call to Split Company

Billionaire investor Carl Icahn has called for AIG to split into three separate companies. Bloomberg’s Dan Kraut reports on the weak areas of AIG business and which assets the company may be able to sell More...

Wes Edens’s Fortress Acquires OneMain Financial

Fortress Investment Group’s Co-Chairman Wes Edens announced agreement to acquire OneMain Financial: “As a significant shareholder of Springleaf, we believe this is a compelling transaction, both More...

Vered Weiss On Sunday, February 22nd, 2015

Oh, For A Hedge Fund That Buys Insurance

  With so many sectors getting battered, given low energy prices and weakness in Europe, boring old insurance seems to be a save haven for many hedge fund managers. Insider Monkey tracked 700 insurance 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...

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...

Noam Meir On Sunday, July 13th, 2014

Stephen Green is Suing AIG for $20 Million

– The New York Real Estate company is going after one of the largest corporations in the world over violating the terms of a lease. – Stephen Green’s SL Green Realty is suing global financial titan More...

Clive Minchom On Wednesday, July 31st, 2013

Hank Greenberg in Court on Two Fronts This Week : Plays Offence in One and Defence in the Other

– Hank Greenberg / Getty – / By Clive Minchom / Maurice “Hank” Greenberg ran insurance giant American International Group (AIG) for nearly forty years, before it was seized by the More...

Stanley Green On Thursday, June 27th, 2013

Hank Greenberg Can Sue US Government for $25 Billion Judge Rules

– Hank Greenberg / Bloomberg – /By Clive Minchom/ Bloomberg reports that Judge Thomas Wheeler of the U.S. Court of Federal Claims in Washington wrote, in a ruling today, that Maurice “Hank” More...

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