American International Group, Inc. (NYSE: AIG) falls, as the DJIA likely to collapse
American International Group, Inc. is trying to pay off debt
In brief: American International Group, Inc. (NYSE: AIG) may sell bonds to pay the debt. AIG shares lost in value. The Dow Jones Industrial catches a bearish trend.The Dow Jones Industrial Average falls deeper into the red zone, having lost about 1.4%. At the same time, American International Group, Inc. (NYSE: AIG) shares dropped to 36.09 points, losing -0.74 (-2.01%) today.
The American International Group insurance company mostly owned by the U.S. government may sell bonds for the first time since 2008 to pay off its $ 182.3-billion debt, resulting in government aid during the crisis. It is reported that AIG may issue shares to finance the debt. It is worth noting that AIG is currently in talks with regulators as to becoming independent from the U.S. government.
Anrey Torbinski2010-08-19 14:53, Economics.
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