AIG Raises $37 Billion To Pay Back Government
RENEE MONTAGNE, host:
NPR's business news starts with a big check from AIG.
(Soundbite of music)
MONTAGNE: This morning, the giant insurance company announced it has raised nearly $37 billion to start paying back the government bailout it received two years ago. AIG received $100 billion worth of taxpayers funds during the financial crisis. AIG raised the new funds by selling overseas businesses.
NPR transcripts are created on a rush deadline by a contractor for NPR, and accuracy and availability may vary. This text may not be in its final form and may be updated or revised in the future. Please be aware that the authoritative record of NPR’s programming is the audio.