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AIG/Lincoln was established in 1997 as a strategic partnership between AIG Global Real Estate Investment Corporation, New York, a subsidiary of AIG - American International Group, New York, and Lincoln Property Company, a Dallas based commercial real estate manager...
In 1995, AIG purchased the building from National Westminster Bank. [9] The building became AIG's headquarters in 1996, and in 2021 the firm vacated the building for a new headquarters at 1271 Avenue of the Americas. [10] Metro Loft entered into contract to purchase the building from AIG in 2019. [11] An entity linked to Ken Dart purchased the ...
[58] [60] As a result, AIG's credit rating was downgraded and it was required to post additional collateral with its trading counter-parties, leading to a liquidity crisis that began on September 16, 2008, and essentially bankrupted all of AIG. The New York United States Federal Reserve Bank (led by Timothy Geithner who would later become ...
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AP By Jonathan Stempel NEW YORK -- Bank of America (BAC) has won the dismissal of an unusual lawsuit in which shareholders accused it of concealing a $10 billion fraud case brought by American ...
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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 .