Copyright: | (c) 2010 Crain Communications, Inc. |
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Wordcount: | 413 |
2
Uncertainty continues to surround
That was a major improvement from the start of 2010, when AIG said it was pumping
Shortly after the Chartis infusion, matters looked brighter for AIG when it was announced that
But the AIA deal with Prudential collapsed in response to growing shareholder unrest about its price. AIG terminated the deal after rebuffing an attempt to seek new terms. Instead, AIG revived its plan to take AIA public, and raised proceeds of about
AIG also agreed to sell
In September, AIG said it would accelerate repaying the government. The plan called for AIG to exchange more than 1.6 billion shares of its common stock for
As part of its third-quarter report, AIG said it had raised
Earlier this month, reports said AIG and the
Federal assistance provided to AIG under the Troubled Asset Relief Program ultimately will cost the U.S. Treasury about
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