AIG workers on edge as once
NEW YORK (Reuters) Disbelief and anxiety were written on the faces of staff at American International Group Inc as they grappled with the idea that their company, which was once the largest insurer in the world and one of the safest places to work, was struggling for its survival.
Workers canada goose store at the cheap Canada Goose company lower Manhattan offices, one block from buy canada goose jacket Wall Canada https://www.canadagooseonlineshop.co.uk Goose sale Street, said there were more lunch deliveries than usual, as staff opted to stay inside rather than brave a phalanx of news reporters Canada Goose Online and cameras camped outside.
There was a bigger Canada Goose Coats On Sale police presence than normal in the Wall Street area and security guards canadian goose jacket were double checking Canada Goose Outlet ID of everyone who canada goose came in or out of the AIG building.
Some workers at the 89 year old institution were shocked that the company could find itself in a crisis like the ones at Lehman Brothers Holdings Inc, which just filed for Canada Goose online bankruptcy protection after failing to find a rescuer, or Bear Stearns, acquired canada goose clearance earlier this year in a merger.
came to this company because it was a big company, and big companies tend to stick around, said one male AIG employee who declined to give his name.
a massive culture of uncertainty within the building, said a woman who has canada goose uk outlet been in the buy canada goose jacket cheap insurance business uk canada goose for 20 years.
be the guy canada goose coats on sale to turn out the lights and lock the door, joked a man who said he had a senior level position at the company.
think the idea is to take a nap at my desk and be woken up when this is all over, another woman said.
One woman who went through the Monday stock canada goose coats market crash of October 19, 1987 played down the gravity of the current situation. Canada Goose Jackets is nothing compared to that, she said.
New York State officials said they had reached an agreement with AIG allowing the insurer access to $20 billion of its own uk canada goose outlet capital. Under the plan, AIG will be able to shift the funds from its insurance subsidiaries cheap canada goose uk to the parent company. David Paterson said.
But Paterson stressed it was not a government canada goose factory sale bailout. will not expose the taxpayers of this state to any risk, he told reporters.
all New Yorkers I am deeply concerned about canada goose clearance sale the financial crisis that has engulfed the markets, Paterson said, noting that Wall Street brings in 20 percent of the state revenue.
companies have served as a bedrock of the canada goose outlet uk system. and one of them is AIG, he said. The company employs 6,000 people in New York City and another 2,500 elsewhere canada goose uk black friday in the state. AIG has 116,000 employees worldwide.
contributes to New York position as a world financial leader, the governor added.
AIG, an insurance and financial services company, is also canada goose uk shop known to millions as the shirt sponsor of current European and English champions Manchester United, Canada Goose Parka one of the world leading soccer clubs.
According to the 2008 Forbes Global 2000 list, AIG was the 18th largest company in the world.
The company was founded by Cornelius Vander Starr, who traveled to canada goose black friday sale Shanghai with just 300 yen in his pocket in 1919 after serving in World War One. AIG now has operations in approximately 130 countries and holds assets of over $1 trillion.