Sep 17, 2008 ... Asked whether he agreed with the government bailout of insurance giant ... that  the government should act to save AIG, teetering on the brink of ...
Oct 2, 2017 ... Find out why the U.S. government approved an enormous bailout ... the  insurance giant no longer posed a threat to U.S. financial stability. ... But in  September, the company would have gone under if it were not for government ...
Nov 5, 2018 ... Bernanke added that the government had no choice but to bail it out. ... billion  profit when the Treasury sold its last shares of the insurance giant. ... If AIG went  bankrupt, it would trigger the bankruptcy of many of the financial ...
Sep 17, 2008 ... But the bailout is likely to prove controversial, because it effectively puts ... of  another giant corporate bankruptcy, but A.I.G.'s role as an enormous ... If A.I.G.  had collapsed – and been unable to pay all of its insurance claims ... The  government hoped at the time that this unusual step would both calm markets ...
American International Group, Inc., also known as AIG, is an American  multinational finance and insurance corporation with operations in more than 80  countries and jurisdictions. As of December 31, 2016, AIG companies employed  56,400 people. The company operates through three core businesses: General  Insurance, .... In late 2008, the federal government bailed out AIG for $180 billion,  and ...
On whether the government should bail out insurance giant AIG.