Reports Say Aig to Get $30 Billion More in Aid

Summary


CHARLOTTE, N.C. - American International Group Inc. will receive additional federal assistance of up to $30 billion as part of a revamped government bailout.

The new funding, the fourth government rescue of AIG since September, is intended to support the New York-based insurer as it is expected to announce $60 billion in quarterly losses today.

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Reports Say Aig to Get $30 Billion More in Aid

Once one of the world's largest insurers, AIG has already received $150 billion in loans from the gover...

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