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Conservatorship may loom for AIG
The U.S. Treasury is now weighing conservatorship as an option for the beleaguered AIG, according to Bloomberg.
AIG looks to Fed for lifeline
As hopes of a private-sector bailout of AIG begin to dim, the government is reconsidering throwing a lifeline to the insurer, according to CNBC.
Advisers strategize in wake of AIG woes
Financial advisers expressed a mixture of relief and concern about the $20 billion loan that American International Group Inc. is taking from its subsidiaries.
Report: Fed leans on banks to prop up AIG
The Federal government has asked The Goldman Sachs Group Inc. and JPMorgan Chase & Co. to lead a $70 billion to $75 billion lending facility for the flailing American International Group Inc., according to The Wall Street Journal.
New York state gives AIG helping hand
Scrounging for capital to avoid a ratings downgrade, American International General Inc. of New York has received the green light to access secondary assets.
