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Stock Investing > Financial Skeptic

AIG Fire Sales Hartford

George | Mon, 12/22/2008 - 11:56am | AIG assets sales, AIG bailout |  4 comments

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AIG (AIG) sold its Hartford Steam Boiler unit to Germany's Munich Re for $742 million, a steep discount from what AIG paid for HSB in 2000. AIG is under intense pressure to sell off assets to repay government loans and backstops. But if government loans total over $100 billion and prime assets such
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Re: AIG Fire Sales Hartford

Brenda | July 2, 2009, 5:46 am

AIG stock isn't the greatest of shape, but it is believed that it might start trending upward. AIG stock is in a good position to start rising, as Edward Liddy is going to be departing.