The government provided a new $150 billion financial-rescue package to AIG as well as a $40 billion dollar partial ownership.
The aid provided by the government was just increased to more than $150 billion, because the amount the government originally proposed in September is no longer enough to stabilize the company. The Government claims that they have a large amount of confidence that AIG will pay the money back to the tax payers.
The extra $40 billion dollars comes from the $700 billion dollar bailout package that was just recently approved.
Reference: ABC NEWS
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