More AIG bailout considered
Washington could finance the purchase of assets, and loosen aid terms to the insurance giant, sources say.
The U.S. government may agree to finance the purchase of some American International Group Inc. businesses, take stakes in assets and ease terms of its aid package to the insurer, a person familiar with the matter said Thursday.
These are some of a wide range of options under discussion between the government, the insurer and credit rating agencies, as AIG, once the world's largest insurer by market value, looks to avoid a credit downgrade that would trigger a host of liquidity issues and hurt its business, the source said