Jay Wintrob

AIG posts $4 billion loss in fourth quarter

By Warren S. Hersch | February 22, 2013

The loss compares with net income of $21.5 billion, or $11.31 per diluted share, in the prior year quarter.

Exec bonuses under TARP take fire

By Arthur D. Postal | January 29, 2013

A SIGTARP report criticizes the Treasury Department for “failing to rein in excessive pay” for top execs of bailed-out companies.

Survey flags more conservative investment orientation among boomers

By Warren S. Hersch | December 3, 2012

Eight in ten of those 55 and older say they are now more cautious in their approach to investing.

AIG completes rebranding

By Arthur D. Postal | November 12, 2012

American International Group has now completed the rebranding for its life and property and casualty segments.

AIG to Buy Hartford Broker-Dealer Woodbury Financial Services

By Arthur D. Postal | August 1, 2012

The agreement is expected to close by the end of 2012, subject to regulatory approval and other customary closing conditions, according to Liam E. McGee, the Hartford's chairman, president and CEO.

AIG Looking to Buy Hartford Advisory Group

By Arthur D. Postal | August 1, 2012

American International Group’s SunAmerica unit is seen within the securities distribution industry as the strongest amongst four suitors for Hartford Financial Groups’ broker-dealer arm, Woodbury Financial Services, Inc.

AIG Looking to Buy Hartford Advisory Group

By Arthur D. Postal | July 23, 2012

If AIG picks up Woodbury Financial Services from the Hartford, what might it sell off next?

Profit Turned on AIG Facilites

By Arthur D. Postal | July 1, 2012

Two major loan facilities that enabled American International Group (AIG) to ride through a Force 5 financial typhoon have been fully repaid, the Federal Reserve Bank of New York (FRBNY) announced late Thursday.

Profit Turned on AIG Facilities

By Arthur D. Postal | June 15, 2012

Two major loan facilities that enabled American International Group (AIG) to ride through a Force 5 financial typhoon have been fully repaid, the Federal Reserve Bank of New York announced late Thursday.

AIG Shows Billion-Dollar Earnings Gain

By Arthur D. Postal | May 4, 2012

Strong first-quarter operating profits at American International Group are leading insurance analysts to say that an “eventual government exit now appears to be visible.”