US may break up AIG to keep it afloat
Filed Under (Business News) by Fred Chan on 26-02-2009
Tagged Under : AIG, break up, US
American International Group and U.S. authorities are in advanced discussions over a radical restructuring that would split the insurer into at least three government-controlled divisions in an attempt to keep it afloat, the Financial Times reported on its website, citing people close to the situation.
