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IF-AIG

The Wire

Calif. wants federal government to back its loans

May 27 - By Judy Lin, Associated Press Writer

If AIG was too big to fail, how about the world's eighth-largest economy?

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Will AIG plan cost taxpayers money, or just sleep?

Sep 15 - By Jeannine Aversa, AP Economics Writer

American taxpayers awoke Wednesday to learn they may end up owning one of the world's largest insurers. They might now lose some sleep wondering whether the government's $85 billion loan to American International Group Inc. was a wise investment.

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