Showing results:
Displaying 1 - 39 of 39
Is AIG a good company to work for?
I applied and I never completed the Hireview because I HATE Hireviews, but I was invited to the super day anyways. I literally did not bother researching the company, but everyone seemed to like me and the last guy (I don't know who the fuck he was) told me I basically had the job and HR would...
AIG Investments FT Program
Hey monkeys reposting on this forum. Anyone know anything about the investments division? I go to a state school in mass and the few alumni there work in underwriting only. I have an interview coming up for the full time analyst and was was wondering how the interview process is like, questions to...
AIG excel test
AIG Global Real Estate Excel test? I have next week, looks to be an hour and a half. Has anyone taken it recently?
Please, help me to *not* fail this interview
I am currently a junior at a semi target school. Basically, summer analyst recruiting has been a shit show for me. So far, I've only gotten two OCIs, two phone interviews, and one superday in a variety of roles such as IB , corp fin, and AM . I've received no offers yet, despite thinking a few of...
AIG Summer Actuarial Internship
Hi, I recently got an interview with AIG for their Summer Internship Program at their Super Day at Woodland Hills and I was wondering if anyone could give me an idea of what to expect or what they're looking for in an intern.
AIG Investments Summer Internship
I just got a superday invite for SA at AIG Investments, for their Capital Markets or Analytics Modeling groups. I have no idea what the position entails, since the job description is so vague and sounds misleading. The way it's phrased makes it seem almost administrative. Are there any previous...
AIG commercial real estate
Is anyone familiar with AIG based in NYC , how does their group run what types of deals, good rep, exit opps, the usual. Any interview questions, modeling tests?
The time-portal fallacy
In analyzing a particular trade, investors should consider all paths that the trade could take regardless of their opinion of the outcome. Realistically, this task is extremely complex, and most investors use rules of thumb or just skip the whole process entirely because the task might include...
AIG
We're a leading global insurance organization with operations in more than 80 countries and jurisdictions. We provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to support our clients in business and in life through our General...
Potential AIG Lawsuit - Bad PR and Shareholder Rights
Good morning monkeys, Yesterday the NY Times reported that AIG will be hearing a shareholder presentation, led by former CEO Hank Greenberg, stating they should join an ongoing lawsuit against the Federal Government, concerning the terms of the AIG bailout. First, lets remember that AIG is simply...
Analyst Interview at AIG
I have a first round interview with AIG for a Strategic Planning analyst position. This is at the entry level. Does anyone know what can I expect to be asked? What type of finance questions should I be ready to answer and what would you consider to be “must know” insurance industry knowledge?...
Stop Blaming Poor People and Minorities for the Financial Crisis - aka Go Read Griftopia and Educate Yourself
I posted this in another thread, but thought it was worthy of a thread of its own. First of all, if you haven't read Matt Taibbi's "Griftopia" yet, go buy it and read it ASAP. Second off, I wrote this because I've been reading and hearing enough people make the claim that the crisis was really the...
A Kinder Gentler Mortgage Backed Security
Covered bonds are a financing tool that has been utilized in Europe since the 18th century. Recently, bankers stateside have begun to use them as an alternate method of financing residential and commercial mortgages . The instrument in question is not much more than an MBS with the allegedly game...
R.I.P...TARP
The Troubled Asset Relief Program. Let's take a deep breath and discuss, calmly. As our work week begins on Monday, the most controversial and highest impact piece of legislation of our recent times, will come to an end. Top financial regulators met yesterday to break ground on a new council...
Insurance question
I wasn't sure where to post this question. This subforum seemed like it might be the most knowledgeable. I've been trying to reverse engineer Bruce Berkowitz's investment thesis in AIG. A common criticism of AIG I see is that it historically underpriced and underreserved its property & casualty...
Clawback: GS Forced to Disgorge AIG Windfall?
Congressmen Elijah Cummings (no, not a porn name D:MD) and Peter DeFazio (D:OR) today directed the SEC to pursue the return of Goldman Sachs's share of the $2 billion AIG paid out on swaps the insurer issued against the Abacus class securities. In addition to punitive disgorgement, the revelation of...
Did Geithner Have a Choice?
After watching Tim Geither get torn a new one by the House today, I couldn't help but put into question the validity of some of his answers - especially of those relating to the Fed's repayment of AIG's swaps to counterparties such as Goldman Sachs and other big banks. Geither asserted that when...
AIG Bailout a Matter of National Security?
***UPDATE: Geithner Spoke to Buffet, Blankfein on the Morning of AIG Bailout *** The Federal Reserve will apparently go to any length to conceal their actions from the public. After the inconvenient disclosure of emails from the New York Fed encouraging AIG to conceal the terms of the backdoor...
Comp Curbs Just for Execs, Right?
WRONG. A measure is working its way through the House, under the radar of course, that would grant the government the right to dictate all employees' compensation at firms receiving TARP money. That's right. Everyone from the CEO down to the janitor. Check it out:...
AIG Europe Tells Cuomo to Get Bent
Executives in AIG's European branches who received retention bonuses couldn't care less what the American public thinks about it, and most of them consider demands for repayment to be nothing short of blackmail: http://www.reuters.com/article/wtUSInvestingNews/… The employee at the meeting said...
More bonuses?
I admit I’m pretty tired of hearing about the AIG bonuses, although that’s probably because I don’t have a snowball’s chance in hell of coming close to a bonus these days. Hell, I’m lucky to still be gainfully employed. But although AIG is hogging the bonus fiasco spotlight, they’re not...
AIG Bonus Just a Distraction?
Pay no attention to the man behind the green curtain...
Peasant Bus Tour of AIG Mansions
I swear this shit writes itself. To celebrate the passage of the Populist Rage Tax, a bus tour has been organized to transport angry peasants through the loop of mansions owned by AIG executives, ostensibly to give voice to their scorn: http://www.businessinsider.com/protesters-plan-bu… I think if...
House to Vote on AIG Tax Today
I really never thought I'd live to see the day when taxation in America made the shift from an apparatus resembling a random molotov cocktail that ruins every taxpayer's life to one of a precision guided missile launched with the intent of taking out a select few. I suppose it was only a matter of...
Interview at AIG
Through some tedious networking I was able to get a finance interview at AIG and was wondering if anyone here has interviewed or worked there before. If so, can you offer some details about the interview process? How meticulous is it first round? Any advice would go greatly appreciated, thanks!
Another $30 Billion for AIG?
There's no point in asking when enough is enough any more. The government just doesn't care. It looks like the feds are poised to throw another $30 Billion into the cesspool that is AIG, and to lower the interest rate on the original bailout money to keep the insurance giant afloat (for what,...
Massive Hemorrhage at AIG
CNBC is reporting a massive $60 Billion loss at AIG and a desperate plea for more government aid: http://www.msnbc.msn.com/id/29353489/ Are they really too big to fail? They're already into the feds for over $150 Billion. If their book value drops much further, it will trigger automatic defaults....
Company Culture at AIG
How would you describe the work environment at AIG in New York and what are their employee benefits (i.e., paid time off, insurance...) like? I heard that they make employees wear a suit and tie to work everyday-- is that true?
AIG pays out - who's footing the bill?
In an attempt to keep people from jumping ship, AIG is planning on paying out deferred compensation programs to some 5600 upper-level employees early. While I'm sure that's all fine and great for those receiving the payouts, is this really the time to start tossing money around? They've already been...
Are they f&%^ing kidding?!?
I guess bailouts can be quite stressful, because a mere days after the government stepped in with $85 billion to save AIG from completely going under, the insurance company spent some $440K to send its executives on a fancy retreat in California. The mini vacation included golf, banquets and over...
Stop bitching. AIG is not a bailout.
Have you complainers even read the terms of the loan? (yes, loan) Basically, the Fed agreed to loan AIG up to $85 billion at LIBOR + 850bps. (!) That's about 11% interest. And in exchange, AIG gave the Fed 80% of the company - for keeps. AIG common and preferred get nothing, bonds get pennies on the...
You can't make this stuff up
Unbelievable! The Fed has stepped in to save AIG to the tune of $85 Billion! Can anyone explain to me how they figure out which fuckwits qualify for corporate welfare and which ones don't? If I was Lehman or Merrill , I'd be pretty pissed right now. As it is, I'm just stunned....
'Dear AIG, I quit!' op-ed piece
Pretty powerful stuff, probably articulated what was on a lot of people's minds. http://www.nytimes.com/2009/03/25/opinion/25desan…
Internal AIG Memo Leaked
Here is a link to a leaked internal AIG memo that instructs employees on how to avoid being murdered because they work for AIG. It basically boils down to this: Pretend you don't work for AIG. http://gawker.com/5175745/aig-corporate-securitys… Not only is our economy going back into medieval ages,...
Why did Ed Liddy take the AIG job?
I suppose it might be a resume-booster or something, but the guy was already rich and retired before going to AIG to work for $1 a year. It doesn't seem like a glamorous job right now, and even if he does a great job his results will be hard to measure - the outcome isn't going to be very pretty no...
AIG salaries
Hi, does anyone know what AIG pays their managers and directors in their insurance group in NY? How about bonuses? Also, how much of a signing bonus is reasonable? They're trying to poach me from my consulting firm, probably to enter as a manager, but I might make a push for director. Thanks all.
Government Plans $85 bn Bailout of AIG
The U.S government moved toward an emergency rescue of American International Group Inc. -- one of the world's biggest insurers -- signaling the intensity of its concerns about the danger a collapse could pose to the financial system. Damn. http://online.wsj.com/article/SB12215656193124290…
I'm back....
did I miss anything?
The Great American Bank Run
Just thinking about this and please let me know your comments as to whether you think this is possible of not. Let's say in the next few weeks some of the other banks start to falter, AIG is unable to shore up the $70Bn in financing they need, the Federal Reserve has extended the range of collateral...
or Want to Sign up with your social account?