'I never was at a dark place. I felt the hardest thing is telling Denise, then telling my son and my daughter was very hard on me'.
A federal judge has rejected the United States' bid to dismiss a more than $25bn lawsuit filed by Maurice 'Hank' Greenberg, the former chief executive of American International Group Inc, over the insurer's government bailout, clearing the way for a September 29 trial.
American International Group has reached a $650 million settlement with Bank of America over residential mortgage related disputes.
American International Group reported quarterly earnings and revenue that easily beat analysts' expectations on Thursday and announced it will cut its workforce by 3 percent because of a charge taken in the fourth quarter.
Federal Reserve Chairman Ben S. Bernanke can’t be forced to testify in a lawsuit against the U.S. brought by Maurice 'Hank' Greenberg over the government’s bailout of American International Group (AIG), a federal appeals court ruled.
Robert Benmosche apologizes.
Another CEO makes a blunder.
Former AIG Chief Executive Hank Greenberg should be able to depose US Federal Reserve Chairman Ben Bernanke over the terms of AIG's bailout, a federal judge ruled on Monday.
Being designated "too big to fail" will bring a new level of discipline to AIG, CEO Robert Benmosche told CNBC's "Closing Bell" on Tuesday.
Robert Benmosche, president & CEO at AIG, discusses the defined roles of the CEO and Chairman within a company.