Bailout fund top up for US insurance giant AIG - 02 Mar 09
AIG's balance sheet for the final three months of last year showed a loss of $62 billion for the US insurance giant.
That figure is despite the corporation already receiving a total of $150 billion in taxpayer money.
Now it has been given access to another $30 billion with government officials admitting it may not be the last time the government has to step in.
John Terrett reports.
That figure is despite the corporation already receiving a total of $150 billion in taxpayer money.
Now it has been given access to another $30 billion with government officials admitting it may not be the last time the government has to step in.
John Terrett reports.