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31 gru 2022 · Learn how AIG, a global insurance giant, was rescued by the U.S. government in 2008 after betting on risky CDOs and losing billions. Find out why AIG was considered too big to fail and how it repaid its debt to taxpayers.
16 lis 2020 · Learn how AIG, a major seller of credit default swaps, became one of the largest bailouts in the 2008 financial crisis. Find out the details of the $182 billion rescue package, the bonus scandal, and the impact on the global economy.
Documents released last month by a Congressional committee show the twists and turns in the New York Federal Reserve's handling of the giant insurer in 2008 and 2009.
17 wrz 2008 · Taxpayers: Furious over homeowner bailouts. NEW YORK (CNNMoney.com) -- The federal government's rescue of American International Group gave the insurance titan something even more important than...
On Dec. 11, 2012, the Treasury sold its last remaining portion of AIG stock, ultimately earning a profit of about $5 billion. The Federal Reserve ultimately realized a profit of about $17.7...
29 lis 2023 · AIG Chairman and CEO Peter Zaffino talks about the government bailout that kept AIG afloat after the 2008 financial crisis. He says the government did make a profit on the package.
14 gru 2022 · AIG was saved by a U.S. funded bailout package that eventually exceeded $182 billion, but the economic damage to the global economy was catastrophic. It was the beginning of the greatest economic catastrophe to hit the U.S. since the Great Depression.