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May 25, 2010

When Will AIG Pay Back the US Government?

I don't know about everyone else, but I have become increasingly skeptical of AIG's activities over the last several months.  Given, the economy is not totally back on track yet, but how long does it take to sell the assets you need to pay back the government?  AIG has the book value to cover its losses, they just need the cash.  In order to get the cash, you need to sell the assets.  Stop being picky and put all of the company's assets up for sale.