AIG Gets $40 Billion Injection From Treasury

12/26/2008 05:12 am ET | Updated May 25, 2011

American International Group Inc says it has completed completed a $40 billion preferred stock sale to the U.S. Department of Treasury under TARP.

* Says to use proceeds to reduce borrowings under original credit agreement with Federal Reserve Bank of New York.

Read more on Reuters

Suggest a correction