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(Image from article: "Dow, S&P Hit New '09 Highs")

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U.S. expects to earn $15.1 billion from bailing out AIG: Treasury

AIG

The U.S. Treasury further reduced its stake in American International Group and said on Tuesday that the United States would now profit $15.1 billion from bailing out the insurer.

 

U.S. Profit From AIG Rescue: $15.1 Billion

AIG

The U.S. may wind up posting a profit of more than $15 billion from the rescue of AIG, the Government Accountability Office said.

 

A.I.G. Reports Profit, Saying Business Is Stabilizing

The company, reporting its first profit since 2007, said quarterly net income was $1.8 billion.

 

Dow, S&P Hit New '09 Highs

Dow, S&P Hit New '09 Highs

Financial stocks led a stock-market rally after the jobs report. AIG surged 20% and American Express led blue chips.

 

$50 Million in A.I.G. Bonuses to Be Repaid

$50 Million in A.I.G. Bonuses to Be Repaid

Attorney General Andrew M. Cuomo of New York said 15 of the top 20 bonus recipients in A.I.G.’s financial products division had returned their bonuses.

 

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