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AIG May Join Suit over US Bailout

AIG May Join Suit over US Bailout

STAN HONDA/AFP/Getty Images(NEW YORK) — The giant insurance company AIG, which was saved from collapse by a $182 billion taxpayer-funded bailout, is reportedly considering joining a lawsuit against the government. According to The New York Times, the …

AIG Bailout Leads to $17.7 Billion Government Profit After TARP

AIG Bailout Leads to $17.7 Billion Government Profit After TARP

STAN HONDA/AFP/Getty Images(NEW YORK) — The federal government has sold off the remainder of its AIG securities for a surprise $17.7 billion profit, the latest piece of the controversial TARP government bailout to make a profit.The AIG profit, announc…

AIG Bailout Leads to $17.7 Billion Government Profit After TARP

AIG Bailout Leads to $17.7 Billion Government Profit After TARP

STAN HONDA/AFP/Getty Images(NEW YORK) — The federal government has sold off the remainder of its AIG securities for a surprise $17.7 billion profit, the latest piece of the controversial TARP government bailout to make a profit.The AIG profit, announc…

FDIC Seeks to End ‘Too Big to Fail’ Bailouts

FDIC Seeks to End ‘Too Big to Fail’ Bailouts

STAN HONDA/AFP/Getty Images(WASHINGTON) — The U.S. government has launched a plan to deal with large failed companies that could touch off another Lehman-like disaster, hoping to prevent instability in the financial markets.The Federal Deposit Insuran…

US Will Unload More AIG Shares

US Will Unload More AIG Shares

STAN HONDA/AFP/Getty Images(WASHINGTON) — The U.S. government said Monday that it will sell $5 billion in AIG shares, one of a series of offerings since the insurance giant received the biggest bailout in history.The Government Accounting Office said …

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