U.S. to sink $30B more into AIG (Dealscape

Crippled insurer American International Group Inc. will receive a new, $30 billion round of government aid and restructure its main businesses after it lost more than $60 billion in the fourth quarter of 2008.

The New York institution, the U.S. Treasury and the Federal Reserve Board issued statements on Monday saying the government would add on to the $150 billion in aid that AIG received late last year. The government already owns about 80% of AIG.

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NOT A SUBSCRIBER? U.S. to sink $30B more into AIG Posted on March 2, 2009 2:30 PM Crippled insurer American International Group Inc. will receive a new, $30 billion round of government aid and restructure its main businesses after it lost more than $60 billion in the fourth quarter of 2008. The New York institution, the U.S. Treasury and the Federal Reserve Board issued statements on Monday saying the government would add on to the $150 billion in aid that AIG received late last year. The government already owns about 80% of AIG. This is a free preview of the content available in The Deal Pipeline. Subscribers enjoy access to the full story, as well as second-to-none research tools. To request a demo, or, if you are an existing user to The Deal Pipeline, log in to your account, please scroll down and click the button. Dig deeper, with Pipeline. 1,167 in-depth reports of Private Equity deals in the FInancial Services sector 945 articles related to American International Group Inc. 303 articles related to the Federal Reserve Board 40 company pages related to AIG 10 years of news and analysis archives from the voice of The Deal Economy Most searched keywords Skadden Arps Idearc Inc. Deutsche Bank Amusement parks Deb Shops Windstream Corp. Concho Resources Hanna Andersson Tween Brands Edward Bastian		EXISTING USERS Username Password Forget your password? Missing a product?

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