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Obama’s bank tax spurs fairness queries (The Washington Times)

January 21, 2010 By Yahoo! News Search Results for foreclosure Leave a Comment

President Obama tailored his proposed tax on banks to tap into public anger at Wall Street, yet the $117 billion raised would be used mostly to pay for losses from the bailout of Detroit auto companies, insurance giant American International Group Inc. and a social program to help homeowners facing foreclosure. Big Wall Street firms such as JP Morgan Chase & Co., Goldman Sachs and Citigroup Inc ...

Filed Under: Seattle Foreclosure Tagged With: American International Group, American International Group Inc, Auto Companies, Bailout, Citigroup, Citigroup Inc, Detroit Auto, Facing Foreclosure, Fairness, Goldman Sachs, Insurance Giant, International Group Inc, Jp Morgan, Jp Morgan Chase, Jp Morgan Chase Co, Obama, Public Anger, Wall Street, Wall Street Firms, Washington Times

AIG Sees Signs of Housing Bottom, Cuts Markets From Risk List (BusinessWeek)

January 9, 2010 By Yahoo! News Search Results for foreclosure Leave a Comment

American International Group Inc.’s mortgage insurance unit removed 45 geographic areas from its riskiest underwriting category, saying housing markets in those regions are improving.

Filed Under: Seattle Foreclosure Tagged With: Aig, American International Group, American International Group Inc, Businessweek, Geographic Areas, Insurance, Insurance Unit, International Group Inc, Mortgage Insurance, Regions, Risk, Signs

AIG Taps $4.2 Billion From Treasury for Two Units (Update1) (Bloomberg)

November 6, 2009 By Yahoo! News Search Results for foreclosure Leave a Comment

Nov. 6 (Bloomberg) -- American International Group Inc. , the insurer rescued by the U.S., tapped the Treasury Department for another $4.2 billion to help restructure its money-losing mortgage guarantor and the plane unit it’s trying to sell.

Filed Under: Blog Tagged With: Aig, American International Group, American International Group Inc, Bloomberg, Insurer, International Group Inc, Money, Mortgage Guarantor, Taps, Treasury Department

St. Regis’ plight bodes ill for struggling top hotels (CBS 6 Richmond)

August 15, 2009 By Yahoo! News Search Results for foreclosure Leave a Comment

LOS ANGELES - -- The seizure of the St. Regis Monarch Beach hotel, where American International Group Inc. sponsored a luxury retreat shortly after accepting a federal bailout, is the most dramatic sign yet of the deep troubles in the market for high-end hotels.

Filed Under: Blog Tagged With: American International Group, American International Group Inc, Bailout, Beach Hotel, Cbs, Dramatic Sign, International Group Inc, Luxury Retreat, Monarch Hotel, Plight, Richmond, Seizure, St Regis Monarch, St Regis Monarch Beach, Top Hotels

St. Regis’ plight bodes ill for struggling top hotels (Chicago Tribune)

July 27, 2009 By Yahoo! News Search Results for foreclosure Leave a Comment

-- The seizure of the St. Regis Monarch Beach hotel, where American International Group Inc. sponsored a luxury retreat shortly after accepting a federal bailout, is the most dramatic sign yet of the deep troubles in the market for high-end hotels.

Filed Under: Blog Tagged With: American International Group, American International Group Inc, Bailout, Beach Hotel, Chicago Tribune, Dramatic Sign, Hotels Chicago, International Group Inc, Luxury Retreat, Monarch Hotel, Plight, Seizure, St Regis Monarch, St Regis Monarch Beach, Top Hotels