Was AIG bailed out in 2008?

InsuNews May 23, 2022

Was AIG bailed out in 2008?

AIG was one of the beneficiaries of the 2008 bailout of institutions that were deemed “”too big to fail.”” The insurance giant was among many that gambled on collateralized debt obligations and lost. AIG survived the financial crisis and repaid its massive debt to U.S. taxpayers.

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