The AIG Bailout Now: A Planet Money Tally
Mar 8th, 2010 · What AIG owes, and what it plans to pay back with two deals it says will bring in $51 billion.
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MetLife To Buy AIG's Alico Unit For $15.5 Billion
Mar 8th, 2010 · American International Group announced on Monday that it will sell its overseas live and health insurance unit for $15.5 billion to MetLife. The insurance giant is attempting to repay the government billions of dollars in bailout money.
British Insurer Buys AIG's Asian Arm For $35.5 Billion
Mar 1st, 2010 · The deal with Prudential will allow American International Group, which was rescued in a $182.5 billion bailout by the U.S. government in September 2008, to pay back some of the money it owes U.S. taxpayers.
More Americans Considering Community Banks
Feb 17th, 2010 · Bailouts and bonuses have many Americans frustrated with big banks — so fed up, that they're moving their money to community banks instead. Arianna Huffington is behind a movement called Move Your Money, which is gaining momentum online and on social media sites.
Average Joes Moving Money Away From 'Fat Cat' Bankers
Feb 17th, 2010 · Bailouts and bonuses have many Americans frustrated with big banks — so fed up, that some are moving their money to community banks instead. The progressive Internet news site "The Huffington Post" is behind a movement called Move Your Money, which is gaining momentum online and on social media sites. From Chicago Public Radio, Adriene Hill reports.
Compensation Czar: Contracts Mandate AIG Bonuses
Feb 4th, 2010 · Kenneth Feinberg, the Obama administration's compensation czar, says though he is personally "not pleased" with insurance giant AIG's decision to award $100 million in bonuses to it financial products division, the contracts for the awards were entered into when the economic climate was different. The division was largely responsible for the company's risky investments that forced a U.S. government bailout.
Greece's Massive Debt Spurs Currency Concerns
Feb 3rd, 2010 · The government of Greece insists it doesn't need a bailout, but there are persistent rumors that Greece could need urgent help from its European partners. The European Commission reports Wednesday on the fragile state of the Greek economy and its massive debt. There are concerns about that debt's potential effects on the euro.
Watchdog: Bailouts Created More Risk In System
Jan 31st, 2010 · The government's response to the financial meltdown has made it more likely the United States will face a deeper crisis in the future, an independent watchdog at the Treasury Department warned.
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