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Aig Federal Reserve

AIG, Alico Sale: Profitabe Health Insurance Unit Sold To MetLife Inc. For $15.5B

AP | IEVA M. AUGSTUMS | Posted 05.25.2011 | Business

CHARLOTTE, N.C. — American International Group Inc. said Monday that it will sell its American Life Insurance Co. division for $15.5 billion to ...

Government bails out AIG with $85 billion loan

AP | JEANNINE AVERSA, IEVA M. AUGSTUMS and STEPHEN BERNARD | Posted 05.25.2011 | Business

WASHINGTON — For the second time this month, the U.S. government put taxpayer money on the hook to rescue a private financial company, saying th...