Follow us on

Where Jacksonville Listens Live for Severe Weather and Breaking News

recent on-air advertisers

Now Playing

News/Talk Radio, WOKV
Where Jacksonville Listens ...

Daily Digit: $22.7b Return on AIG

The Daily Digit today is $22.7 billion. That's the profit the U.S. Treasury is making for bailing out American International Group during the financial crisis four years ago. It is selling the last batch of AIG shares for $32.50 a piece, pocketing $7.6 billion. The share offering closes the chapter on one of the most politically contentious rescues of 2008, which ultimately gave AIG up to $182 billion of government support.
 
 
 

© 2013 Cox Media Group. By using this website, you accept the terms of our Visitor Agreement and Privacy Policy, and understand your options regarding Ad ChoicesAdChoices.