, AIG Bail Out Expected to Net US $15.1 Billion
The U.S. Treasury reduced its stake in AIG or American International Group even further and stated on Tuesday that the United States could now be expected to earn a $15.1 billion U.S. Treasury profit just from bailing out the troubled insurer. The Treasury disclosed the fact as a rebuff to people who had previously opposed the bailout of the finance industry which took place between the years of 2008-09.
