Get Quote: AIG
Financials: Latest Results
Many companies faced tough times in 2008 -- and AIG was one of them. Receiving a massive $182 billion bailout check from the Federal Reserve and the Treasury Department during the Bush and Obama administrations, AIG saved itself – and a lot of Wall Street banks – from unrecoverable losses. The bailout kept the insurance giant afloat and in 2011, AIG had $17.8 billion in profits, a 128.6% increase from 2010. |
Industry: Insurance: Property and Casualty (stock)
|
Rank # of Fortune 500 Companies | |
---|---|
California | 53 |
Texas | 52 |
New York | 50 |
Company | Rank |
---|---|
73 | |
NetApp | 474 |
NuStar Energy | 377 |