综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Global General

Special

Newsmaker

Asia Pacific

America

Middle East

Europe

Africa

US govt extends new aid package to AIG

(Agencies)
Updated: 2009-03-02 20:55

WASHINGTON -- The US government unveiled a revamped rescue package for insurance giant American International Group Monday, and will provide the troubled company another $30 billion on an "as needed" basis.

Full coverage:  World Financial Turmoil Related readings:  Report: AIG to get 30 bln dollars more bailout aid  Insurance giant AIG facing possible breakup  US govt may divide AIG into three units  AIG likely to restructure bailout package for second time

The company has burned through cash and has been unable to find buyers for pieces of its business that it hoped to sell to repay the government on its existing aid package, which totals some $150 billion.

The new package calls for the Federal Reserve to take stakes in two international units.

Instead of paying back $38 billion in cash with interest that it has used from a Federal Reserve credit line, AIG now will repay that amount with equity stakes in Asia-based American International Assurance Co and American Life Insurance Co, which operates in 50 countries.