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Special Report: AIG

AIG, a symbol of financial crisis, repays bailout loan and finds new foothold
After two tumultuous years, the Fed is off the hook, the Treasury Department appears poised to turn a hefty profit on its AIG stake, and the company that had become a symbol for the the financial crisis is looking more like a blessedly boring insurance firm again.
 
Steven Pearlstein
Let's Put Down the Pitchforks
At the end of the day, the thing to get outraged about is not the $440 million in bonuses at AIG or the $10 million that Citigroup is spending to redesign its shrunken executive suite.
Investigating AIG: Part I
What Went Wrong: The Beautiful Machine
Greed on Wall Street and blindness in Washington certainly helped cause the financial system's crash. But a deeper explanation begins 20 years ago with a bold experiment to master the variable that has defeated so many visionaries: Risk.
Investigating AIG: Part 2
A Crack in The System
By 1998, AIG Financial Products had made hundreds of millions of dollars and had captured Wall Street's attention with its precise, finely balanced system for managing risk. Then it subtly turned in a dangerous direction.
Investigating AIG: Part 3
Downgrades And Downfall
How could a single unit of AIG cause the giant company's near-ruin and become a fulcrum of the global financial crisis?
AIG chief says bailed-out firm does better in 'red' states (Post, February 2, 2011; 7:19 PM)
 
Treasury deal moves AIG closer to paying back taxpayer money (Post, January 14, 2011; 4:11 PM)
 
AIG to close Fed loan balance as U.S. takes step toward recouping taxpayer funds (Post, January 13, 2011; 8:13 PM)
 
AIG files plan to pay off debt to New York Fed, prepare for Treasury stock swap (Post, December 8, 2010; 9:35 PM)
 
AIG raises $37 billion from Alico sale, IPO (Post, November 1, 2010; 7:41 PM)
 
AIG unit stock soars in Hong Kong as insurer works to pay back U.S. (Post, October 29, 2010; 10:49 PM)
 
AIG finalizes plan to repay U.S. government: (Post, September 30, 2010; 8:21 PM)
 
Treasury close to deal on recouping taxpayer investment in AIG (Post, September 29, 2010; 10:27 PM)
 
Treasury developing plan to recoup AIG investment (Post, September 27, 2010; 8:14 PM)
 
AIG pays back $4 billion of bailout debt: Insurance giant still owes government about $21 billion in loans (Post, August 24, 2010)
 
AIG looking at options after ending sale of Asian unit (Post, June 3, 2010)
 
AIG faces lower offer for unit: Bailed-out insurer still in talks to sell Asian division to Prudential (Post, May 31, 2010)
 
Executives from AIG unit won't face criminal charges: Justice Dept. wraps up probe into Financial Products' near collapse (Post, May 22, 2010)
 
AIG posts first-quarter profit; odds rise for loan repayment (Post, May 8, 2010)
 
Ex-AIG Financial Products unit employees may sue over payouts (Post, March 16, 2010)
 
AIG, federal czar reach deal on rest of bonus pay to be returned (Post, March 12, 2010)
 
AIG sells Alico for $15 billion to MetLife: Deal is insurance giant's latest move to try to repay federal loans (Post, March 9, 2010)
 
2 AIG units settle claims of loan bias (Post, March 5, 2010)
 
Transcript of call reveals anger of AIG unit's employees: Workers displayed sense of entitlement and victimhood (Post, March 4, 2010)
 
AIG to sell Asian insurance unit to help repay bailout: Markets rise after deal that gives U.S. stake in British buyer (Post, March 2, 2010)
 
AIG posts quarterly loss of $8.9 billion: Dip back into red still big improvement over 2008 record drop (Post, February 27, 2010)
 
Pay czar cites hurdle on bonuses at AIG: Overseer says he will seek lower payouts but is limited by contracts (Post, February 4, 2010)
 
AIG to pay $100 million in new round of bonuses (Post, February 3, 2010; 12:11 AM)
 
AIG employees agree to cuts in retention bonuses (Post, January 30, 2010)
 
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