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Foreign Military Sales ( FMS) is a security assistance program of the United States government to facilitate the purchase of U.S. arms, defense equipment, design and construction services, and military training to foreign governments. [ 1] FMS is a government-to-government program where the United States Department of Defense through the ...
The market value of the 79.9% of AIG common stock the government acquired on the day the government agreed to loan AIG up to $85 billion was $55.4 billion. By the end of 2012, AIG had repaid all of its loans and the government had made a $17.7 billion profit on the AIG equity it had acquired as a result, plus $6.7 billion in interests and fees ...
The Holdings of American International Group include the operating entities and subsidiaries of insurance conglomerate American International Group (AIG) that operates in over 130 countries. [ 1] The company's business consists of four core areas: General Insurance, Life Insurance & Retirement Services, Financial Services and Asset Management.
The Army & Air Force Exchange Service ( AAFES, also referred to as The Exchange and The PX or The BX) provides goods and services at U.S. Army and Air Force installations worldwide, operating department stores, convenience stores, restaurants, military clothing stores, theaters and more across 50 U.S. states and more than 30 countries.
Record summer air travel demand isn’t translating to record U.S. airline profits. Carriers will have to answer for that disconnect when they report quarterly results this month. Some airlines ...
The United States and Vietnam are discussing the sale of Lockheed Martin C-130 Hercules military transport planes to Hanoi, two people familiar with the discussions said, in a sign of closer ...
The AIG bonus payments controversy began in March 2009, when it was publicly disclosed that the American International Group (AIG) insurance corporation was going to pay approximately $218 million (~$301 million in 2023) [1] in bonus payments to employees of its financial services division. AIG is notable for having received taxpayer bailouts ...
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