AIG transfer or transfer to the U.S. government as part of a mortgage bond repayment
YORK July 14 morning news, according to foreign media reported yesterday, according to three sources familiar with the matter said Tuesday, American International Group (AIG) is considering some of its mortgage-related holdings Bond transferred to the U.S. government, as the group part of the federal aid reimbursement.
the three refused to be named, sources, American International Group is considering Maiden Lane II and Maiden Lane III contained in the assets transferred to the U.S. government, which is both founded in 2008 entities from the U.S. government was hoping to clear the bad debt of the group. Sources said the American International Group, the plan shows that the Group believes that the value of these bonds will be rebound.
Prior to this, American International Group CEO Robert Moqie (Robert Benmosche) has hired Citigroup and Bank of America (Bank of America Corp) two large financial institutions, to study should be made Select the group which owed repayment of 182.3 billion U.S. dollars the U.S. government aid. (Jin-liang)
