When Crisis strikes Firm: American International Group (AIG)

 Between 2007 and 2008 Europe, then eventually a lot of the world was struck by one of the worst financial crisis in history. Caught in the flames, American International Group.
AIG was one of the best and largest insurance and financial services firms in the world. It was right up competing with Deloitte and Standard Chartered Bank along with many other giants in the industry. However, in late 2008 the firm spiralled down, while getting tangled in a mesh of harmful decisions and law suits.
The firm was on the brink of collapse, while the stocks plummeted over an astounding $1,400. The US Fed bailed AIG out, which ended up being the largest bailout in US history of a private firm. 

Between 2007 and early 2009, AIG's share dropped over $1400
https://www.google.com/finance?cid=1093

After the bailout, in which the government in return for the 2 year loan (with interest) positioned itself over a staggering 79.9% equity in the firm, AIG has steadied itself, and is once more beginning to rise bit by bit.