Andrew Ross Sorkin

Global Politics

The government to bail out AIG (again)

Just as AIG announced a massive $62 billion loss this morning, the biggest quarterly loss in history, the government stepped in to provide an additional $30 billion in taxpayer money. This is the fourth time the government has stepped in to help AIG.

Global Politics

The government to bail out AIG (again)

Just as AIG announced a massive $62 billion loss this morning, the biggest quarterly loss in history, the government stepped in to provide an additional $30 billion in taxpayer money. This is the fourth time the government has stepped in to help AIG.