AIG is repaying $37 billion in bailout money. They're trying to raise enough so they can repay the bailout in full. Its bailout package was $180 billion in aid, but the government received 80% stake in the company as part of the deal. They are trying to raise enough money to pay back by selling its other companies. Like they sold ALICO to MetLife Inc for $16.2 billion. The government will do something to AIG similar to what it did for Citigroup Inc shares.
This makes me feel really confident in them, I think I actually might invest in them at our stock market game. Plus it's good for the Treasury Department because if the stock and other investments stay the same, they would make money which is good for our economy.
Source:
http://www.msnbc.msn.com/id/39946614/ns/business-us_business/
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