en-us Reuters) - Bailed-out U.S. insurer American International Group AIG will take at least two years to repay its debt, but is benefiting from an aggressive management style, said Chief Executive Officer Robert Benmosche in an FT interview.AIG was propped up with $180 billion in taxpayer funds, but Benmosche said...]]> Sun, 20 Dec 2009 19:00:16 -0800 AIG MET AIG,MET Sun, 20 Dec 2009 12:49:35 -0800 AIG AIG Fri, 18 Dec 2009 17:36:35 -0800 AIG AIG Reuters UK) - Federal Reserve Chairman Ben Bernanke's nomination to a second term cleared a Senate panel on Thursday despite some lawmakers' misgivings, setting the stage for a contentious Senate debate and vote in January.The Senate Banking Committee backed Bernanke on a 16-7 vote, with one Democrat...]]> Thu, 17 Dec 2009 13:32:40 -0800 AIG AIG Reuters) - The Treasury will sell its stock in Citigroup C to "achieve the best possible price for the American public," the head of the government's financial bailout program said on Thursday.Herbert Allison, Treasury assistant secretary for financial stability, told lawmakers that sales would commence after a 90 day...]]> Thu, 17 Dec 2009 12:00:46 -0800 AIG C GMGMQ AIG,C,GMGMQ Reuters UK) - The U.S. House of Representatives approved the biggest changes in financial regulation since the Great Depression on Friday, marking a win for the Obama administration and congressional Democrats.With the Senate due to debate similar reforms well into next year, the House voted 223-202 to...]]> Thu, 17 Dec 2009 02:27:47 -0800 AIG BAC C GS JPM MS NDAQ AIG,BAC,C,GS,JPM,MS,NDAQ Reuters UK) - U.S. Treasury Secretary Timothy Geithner on Wednesday extended the government's $700 billion (430 billion pounds) financial bailout fund to October 2010, saying it was still needed for "significant challenges" in the economy.Geithner, in letters to congressional leaders, pledged to deploy no more than $550...]]> Thu, 17 Dec 2009 01:29:40 -0800 AIG BAC AIG,BAC Reuters UK) - Five senior executives at American International Group AIG told the insurer last week they may quit if their compensation was cut significantly by the U.S. pay czar, the Wall Street Journal reported on Sunday.The five senior AIG executives indicated on December 1, in written notices,...]]> Thu, 17 Dec 2009 00:14:05 -0800 AIG AIG Reuters) - Bailed-out U.S. insurer American International Group AIG plans to file a prospectus for a multibillion-dollar IPO of its Asian life insurance unit before Christmas, the Financial Times reported on Thursday.The Hong Kong IPO of American International Assurance is expected to raise $10 billion to $20 billion, the...]]> Thu, 17 Dec 2009 00:02:06 -0800 AIG C GS MS AIG,C,GS,MS Reuters) - CME Group Inc CME began clearing U.S.-based credit derivatives on Tuesday, aiming to capitalize on a government push to safeguard a private market blamed for exacerbating the financial crisis.The launch of CME's clearinghouse for credit default swaps CDS coincides with the date large dealers...]]> Wed, 16 Dec 2009 23:46:05 -0800 AIG CME ICE AIG,CME,ICE