Government May Reap $15.1B Profit From AIG Bailout

Law360, New York (May 8, 2012, 2:12 PM EDT) -- American International Group Inc. may be on track to repay taxpayers all the money it was loaned plus an additional $15.1 billion, following a recent sell-off of the insurance holding company's stock that the government received in 2008's massive bailout, the Government Accountability Office said Monday.

According to a report issued by the government watchdog, AIG has paid back most of the assistance it received, still owing $46.3 billion out of the total $182 billion bailout, and the government may end up realizing a profit from...
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