AIG to reportedly tap additional $30 bln in TARP funds

Sunday, insurer encircled American International Group, Inc. (AIG) is supposedly on the edge to obtain $30 more billion in funds reinflation the government the United States 'the program relief worried by S capital, or the COVER OF PROTECTION. AIG already received $40 billion as an element the COVER PROTECTION the federal reservation, independently of the government of the United States 'of the package of reinflation of S to save it going bankrupt. The federal government has 79.9% of the company now.


The supplier of total insurance based in New York and finance departments tries to fix the funds in order to continue to function after one expects that the greatest loss in the history of corporation of the United States for the fourth quarters announces Monday. AIG prepares to bring back a loss of the gigantic fourth quarters $60 billion.

The enormous loss, driving back mainly depreciations on capital including/understanding the commercial real estate, is likely to lead to the downgrades in its insurance and reputations of solvency, which will force AIG to raise the guarantee that they do not have. AIG, which until last September was the world 'insurer of the S largest, was saved of going bankrupt after reception of a first package of reinflation of government of $85 billion the United States. The federal reservation and the treasure already provided more than $150 billion the assistance to AIG and the federal government has 79.9% of the company now.