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CNBC: AIG Asking for more Government Funds

Calculated Risk... | Mon, 02/23/2009 - 4:33pm | AIG, AIG going broke, American International Group, more bailout |  2 comments

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CNBC Headline : AIG Is In Talks With Government To Secure Additional Funds to Keep Operating, CNBC Has Learned. Update from David Faber: AIG Seeks More US Funds As Record Loss Looms. Sources close to the company said the loss will be near $60 billion due to writedowns on a variety of assets including commercial real estate.
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