AIG (AIG) Talking With Govenment About More Funds, Could Report $60B Loss
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According to CNBC's David Faber, AIG (NYSE: AIG) is in discussions with the government for more funds as the company is expected to announce a $60 billion loss.
AIG is also exploring bankruptcy, but this is an unlikely outcome.
Talks with the government could focus on whether the company can swap some debt for equity.
AIG is also exploring bankruptcy, but this is an unlikely outcome.
Talks with the government could focus on whether the company can swap some debt for equity.
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