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AIG Direct Review

by Scott G on November 12, 2012

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AIG Life Insurance Review American International Group, Inc. (AIG) the multinational insurance company that was famously bailed out by the Federal Reserve in 2008, announced Sunday of further rebranding and use of the AIG name for its core insurance units. The ill-fated decision made by AIG to expand into the credit default swap market caused the company to collapse.  AIG then received a total of $182 billion in bailout funds, making it the largest federal bailout in U.S. history. However, the company is quickly shedding its stigma from the 2008 financial crisis and has returned to profitability.  Fast forward 5 […]