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Federal Government Exits AIG, Makes $22.7 Billion on Bailout

U.S. taxpayers got all of their money back and also made a $22.7 billion profit from the 2008 federal bailout of American International Group (AIG)...
December 19, 2012

U.S. taxpayers got all of their money back and also made a $22.7 billion profit from the 2008 federal bailout of American International Group (AIG). After agreeing to sell its remaining 234 million shares of AIG common stock last week, the U.S. Treasury and the Federal Reserve have fully recovered the combined $182.3 billion they committed to stabilize AIG during the financial crisis, plus an additional $22.7 billion positive return. Treasury continues to hold warrants to purchase about 2.7 million shares of AIG common stock, which when sold will provide an additional positive return to taxpayers.

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