PDA

View Full Version : U.S. Treasury: AIG risks reduced, recovery uncertain



IndiaInsurance
27th May 2010, 12:15 AM
WASHINGTON (Reuters) - Bailed-out insurance giant American International Group has slashed its exposure to credit derivatives by nearly two-thirds under government ownership, but a full recovery for taxpayers remains uncertain, a senior U.S. Treasury official said on Wednesday.

More... (http://in.biz.yahoo.com/100526/137/bavo6y.html)