U.S. To Sell $18 Billion In Shares Of AIG | WAMU 88.5 - American University Radio
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U.S. To Sell $18 Billion In Shares Of AIG

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The U.S. government has announced it will sell at least $18 billion worth of shares of American International Group. During the financial crisis in 2008, the struggling insurance company was rescued with a government bailout. The federal government became AIG's majority stakeholder, but had promised that it was not a long-term investor.
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