aig

The government is reworking the AIG bailout package, modifying loans already offered and preparing to spend another $40 billion to buy preferred shares.

Kai Ryssdal gets details from Steve Henn.

AIG may have gotten a $150 billion deal Monday, but that's just a small fraction of the nearly $3 trillion in financial rescue programs the government has created to stabilize the U.S. economy.

Stocks climbed Monday morning as investors welcomed the government's revamp of its AIG bailout and news that China has initiated a $586 billion stimulus plan.

China announces a half-trillion-dollar economic stimulus plan. AIG gets more help from the government; the company posts a worse-than-expected loss.

NRG Energy rejects Exelon's $6.2 billion offer. Democrats ask Paulson for more help for the auto industry.

Because it owned a savings and loan, the insurance giant fell under the authority of the Office of Thrift Supervision, which was slow to recognize the company's complex risks.

The government has stepped in with nearly $125 billion to try and stabilize AIG. The nation's banks are tapping even more.

Now General Motors wants its own bailout.

DC's Metro transit system could default on a complicated deal and wind up owing foreign bankers $43 million.

AIG guaranteed the deal and others like it, leaving at least 31 public services facing defaults too. Steve Henn reports.

The new CEO at AIG, Ed Liddy, not only has to turn the company around, he's got to deal with some really bad press.

Kai Ryssdal talked with him about the challenges ahead in our latest installment of Conversations From the Corner Office.

American International Group in the past week tapped another $12 billion in the emergency government funding keeping the ailing insurance giant alive, the Federal Reserve announced Thursday.

The foundation, which is financed largely by AIG stock and run by company insiders and former executives, will fulfill each of its existing commitments, but will put new initiatives on hold....