Hints and tips:
...Additional reporting by George Parker and Francesco Guerrera...
The US private sector’s increasingly hostile rhetoric belies a complex and often co-operative relationship with the administration
...The two were appointed in August when Edward Liddy, the former chairman and chief executive, left amid a political backlash over AIG’s pay policy, and the authorities decided to split the roles....
...Separately, Citi on Tuesday said it had appointed Edward Skyler, a deputy major in New York City, as global head of public affairs....
...………………………………………… POLITICAL DONATIONS: WALL STREET SHIFT EVENS UP PARTIES’ MIDTERM FUNDING Political fundraising staff are not often caught attending sex bars in Los Angeles – or anywhere else, writes Edward...
...The original plan, devised by then chief executive Edward Liddy and the government after the rescue, was to sell off all the positions and close down AIGFP as soon as possible....
...He is speaking in the chintzy executive library of AIG’s New York headquarters – the same spot where the Financial Times interviewed his predecessor Edward Liddy a year ago....
...“I don’t think we will ever have something as formal as the FSA but we’ll have more intrusion and supervision to make sure [US banks] have the right personnel in place,” said Edward Greene, a partner with...
...Mr Golub’s emergence as the leading candidate to take over the chairmanship from Edward Liddy, AIG’s outgoing chairman and chief executive, was revealed by the Financial Times on Thursday....
...The Florida-based division was founded in the early 2000s and received a huge boost when GE bought Edwards Systems Technology, a maker of fire detection equipment, from the US group SPX in 2004 for $1.4bn...
...Earlier this year, Congress attacked AIG’s then-chief executive Edward Liddy for AIGFP’s retention awards, prompting him to ask recipients to return some of the funds....
..., Krishna Guha, Kathrin Hille, Andrew Jack, Johanna Kassel, Roula Khalaf, James Lamont, Edward Luce, Peter Marsh, Joseph Menn, Joseph Milton, Josh Noble, George Parker, David Pilling, Stefan Wagstyl, William...
...However, Edward Liddy, chief executive, said a deal to reduce a credit line from the New York Federal Reserve would cost AIG $5bn in future quarters – a sign its woes are far from over....
...Edward Liddy, Mr Benmosche’s predecessor who stepped down this month, agreed to receive $1 in pay after lawmakers attacked the insurer for paying out bonuses to some traders despite having received some...
...Under Edward Liddy, Mr Benmosche’s predecessor, AIG’s priority had been to sell or spin off businesses in the quickest possible time in an effort to repay the government....
...The management reshuffle has been driven by the decision by Edward Liddy, chairman and chief executive, to step down next week after a torrid 11 months marked by several government bail-outs and a political...
...Edward Liddy, the government-appointed chairman and chief executive of AIG, is to leave the stricken insurer after only eight months in a move that will allow the Obama administration to choose its own leaders...
..., says Guerrera, the FT’s US business editor....
...Eight months spent dealing with a hostile Congress, an impatient government shareholder and a stricken company for no pay proved quite enough for Edward Liddy....
...“That action signified to us your support and was hardly something that one would do if he truly found the contracts ‘distasteful’,” Mr DeSantis wrote to Edward Liddy, AIG’s government-appointed chief executive...
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