Hope for AIG
Government Repayment?
“Shares of AIG rose Tuesday after Moody’s Investor Service analysts said they believe the company will have the resources to fully repay the federal government. If they can repay the government, this would give the government incentive to continue supporting AIG and its various creditors.”
Whether or not they actually do payback the loan, we will see, but this seems to be a step in the right direction. Hopefully this will set an example to others that received government bailout funds, that these were not gifts but loans.
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