Federal Government Grants AIG a New Bailout Package
Nov 11th, 2008 | By Shah Gilani | Category: Financial NewsAmerican International Group Inc. (AIG) got a $150 billion government rescue package – almost double the initial bailout deal of less than two months ago and the largest ever granted to a private U.S. company – as the ailing insurer continues to burn through its cash at an accelerating rate.