Stocks in the news: AIG, General Electric, Goldman Sachs

Updated

American International Group (AIG) has been the subject of headline news for quite some time over the executive bonuses. Well, New York Attorney General Andrew Cuomo said Monday that 15 employees who received some of the largest bonuses have agreed to return the more than $30 million worth of payments in full. But the Federal Reserve's chairman and the secretary of the treasury are making a rare joint appearance at a congressional hearing today and will likely be criticized over the handling of bonuses at the giant insurance company.

General Electric (GE) lost its triple-A rating by Moody's Investors Service, one week after Standard & Poor's cut it as well. Moody's says there is higher risks at the conglomerate's struggling GE Capital lending unit, although the outlook for both is stable. Moody's lowered its ratings for GE and GE Capital two notches to "Aa2" from "Aaa." GE shares lost 2 percent in pre-market trade.

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