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  2. AIG bonus payments controversy - Wikipedia

    en.wikipedia.org/wiki/AIG_bonus_payments_controversy

    The lobby of AIG's headquarters in the American International Building.. The AIG bonus payments controversy began in March 2009, when it was publicly disclosed that the American International Group (AIG) insurance corporation was going to pay approximately $218 million (~$301 million in 2023) [1] in bonus payments to employees of its financial services division.

  3. Thomas A. Russo - Wikipedia

    en.wikipedia.org/wiki/Thomas_A._Russo

    Thomas A. Russo (born November 6, 1943) is an American attorney and former Wall Street executive. He was vice chairman and chief legal officer of Lehman Brothers and general counsel for American International Group (AIG), two of the companies that played a major role in the 2007–2008 financial crisis.

  4. Lucy Fato - Wikipedia

    en.wikipedia.org/wiki/Lucy_Fato

    From September 2023 through March 2024 she was vice chair at AIG. [29] At AIG, her duties as general counsel include overseeing global legal, compliance, and regulatory matters. [30] [31] She is also part of the company's executive leadership team and participates in all strategic and policy decisions regarding AIG's operations.

  5. Holdings of American International Group - Wikipedia

    en.wikipedia.org/wiki/Holdings_of_American...

    AIG's AIU Insurance unit has run a P&C insurance in the country since 1946, and is now the largest foreign nonlife insurer with 14,000 agents nationwide. [3] In retail auto and L&H space, AIG owns American Home and Fuji Fire and Marine Insurance company. [4] Since Jan 2018 AIU and FFM business units merged in AIG Sonpo.

  6. AIG Financial Products - Wikipedia

    en.wikipedia.org/wiki/AIG_Financial_Products

    AIG Financial Products Corporation (AIGFP) is a subsidiary of the American International Group, headquartered in New York, New York, with major operations in London. The collapse of AIG Financial Products, headquartered in Wilton, Connecticut , is considered to have played a pivotal role in the global financial crisis of 2008–2009 .

  7. Maurice R. Greenberg - Wikipedia

    en.wikipedia.org/wiki/Maurice_R._Greenberg

    The market value of the 79.9% of AIG common stock the government acquired on the day the government agreed to loan AIG up to $85 billion was $55.4 billion. By the end of 2012, AIG had repaid all of its loans and the government had made a $17.7 billion profit on the AIG equity it had acquired as a result, plus $6.7 billion in interests and fees.

  8. Associate attorney - Wikipedia

    en.wikipedia.org/wiki/Associate_attorney

    According to published data from the New York Times, the annual base salary for partner-track first year associate attorneys at top law firms in major U.S. legal markets such as New York, California, Massachusetts, the District of Columbia, and Texas can range from $160,000 to $190,000 per year—with salary varying depending on the size and reputation of the firm.

  9. General counsel - Wikipedia

    en.wikipedia.org/wiki/General_counsel

    A general counsel, also known as chief counsel or chief legal officer (CLO), is the chief in-house lawyer for a company or a governmental department.. In a company, the person holding the position typically reports directly to the CEO, and their duties involve overseeing and identifying the legal issues in all departments and their interrelation, including engineering, design, marketing, sales ...

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