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12/25/2008 News For: aig Annuity AccsessAIG Announces Purchase of Additional Multi-Sector Collateralized Debt Obligations by Maiden Lane III and Termination ... NEW YORK----American International Group, Inc. today announced that Maiden Lane III LLC , a financing entity recently created by the Federal Reserve Bank of New York and AIG, has purchased an additional $16 billion in par amount of multi-sector collateralized debt obligations . AIG sells another $16 billion of CDOs NEW YORK?American International Group Inc. has sold an additional $16 billion in collateralized debt obligations to a special purpose vehicle backed by the Federal Reserve Bank of New York, the insurer said Wednesday. Can China be safe haven for sports amid global crisis? When the global economic downturn hit, sports did not escape unscathed. American insurance giant AIG, the shirt sponsor of Manchester United, went bankrupt in the global financial upheaval, leaving the England powerhouse feeling the heat. Pundits have warned that a top English club may face closing down as English football has amassed debts of around three billion pounds 5.2 billion U.S. ... Weak link Just when supply-chain managers were hoping that the trillions of dollars being injected into the global banking system would loosen the strings choking trade finance, another danger has risen. Fund acquires $16 billion in debt guaranteed by AIG NEW YORK Reuters - A fund established by the Federal Reserve Bank of New York and insurer American International Group acquired an additional $16 billion of bonds guaranteed by the troubled company, AIG said on Wednesday. euro adhoc: Bank Sarasin + Cie AG (deutsch) euro adhoc: Bank Sarasin + Cie AG / Sonstiges / Bank Sarasin bildet neuen Gesch?ftsbereich "Trading & Family Offices" unter Leitung von ... CIT Group Gets $2.33 TARP Investment CIT Group on Tuesday said the federal government would invest $2.33 billion, after the commercial lender won approval to become a bank holding company. Recent Money Magazine Special Section Features Information, Quotes from AnnuityAdvantage.com Money magazine special annuity section contains information, quotes from popular consumer Web site AnnuityAdvantage.com. Board adopts new retirement savings plan The Pima School Board voted unanimously to adopt the Internal Revenue Service?s model 403b Tax Sheltered Annuity as the district employees? retirement savings plan at its meeting Wednesday. The district will self-administer the plan. |