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AIG, the troubled insurer, had one more day to come up with the capital to stay afloat, according to David Paterson, New York Governor, on Tuesday.
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Barclays emerged as a potential buyer of some of felled investment bank Lehman Brothers' assets, as the financial sector carnage spread on fears Amer
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Oil fell 3 percent on Tuesday on rising concern turmoil in global financial markets will further undermine fuel demand and send investors into safer
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Singapore's central bank said Tuesday the local unit of embattled insurance giant American International Group Inc. has sufficient assets to meet its
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Bust Downgrades could trigger margin calls as insurer seeks a massive cash infusion.
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The U.S. dollar is mixed Tuesday, holding its ground despite mounting financial turmoil as traders await a rate decision by the Federal Reserveâs r
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London shares head back towards three-year lows on Tuesday, with financials feeling more pain after overnight ratings downgrades for AIG threaten the
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