Fed reports repayment by AIG of $53.1B loan
6/14/2012NEW YORK -- The Federal Reserve Board reported Thursday that American International Group has repaid all of its $53.1 billion in bailout loans from the Federal Reserve Bank of New York -- plus interest.
The government stepped in with a $182.5 billion package to rescue New York-based AIG from collapse in 2008. The bailout was the largest in history.