Struggling insurance giant AIG is seeking more help from the government as it prepares to reveal a fourth-quarter loss of $60 billion.
But what happened to the $150 billion in bailout money it already received? Steve Henn reports.
Wall Street's biggest casino: AIG
Most investors left the stock for dead in the wake of last year's US bailout. But speculative traders are swooping over the insurance giant's remains in search of a quick payoff.
Why does AIG keep losing money?
AIG is collecting $30 billion more from the government to add to its already hefty $150 billion tab. The insurance giant is trying to make up for nearly $62 billion in losses. Why is it...
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The Treasury Department made an overly rosy prediction of taxpayer losses on the AIG bailout by changing its accounting practices, the special investigator for the federal bailouts said in a...
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