insurance giant

he U.S. government and AIG are finalizing a plan for how the Treasury Department would exit its majority stake in the insurance giant, according to several published reports.

Aetna announced it eliminated 625 positions Wednesday in the first of two rounds of job cuts that will reduce the health insurance giant's workforce by up to 3.5% by the end of the first quarter in 2010.

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.  

The bailed-out insurance giant has laid claim to almost 300 million shares of stock in Switzerland-based Starr International Co., whose foundation has distributed $27 million in grants to New York City nonprofits....

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 losing so much money? Steve Henn reports.

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.