- The American International Group (AIG) has used $90.3 billion of a government credit line since it was bailed out last month, an amount that exceeds the size of the original loan meant to save the company.
A.I.G. may need more than the $122.8 billion now available, its chief executive, Edward M. Liddy, said late Wednesday. A.I.G.’s latest balance was disclosed on Thursday and is up from $82.9 billion a week ago.
Source :
- The New York Times: A.I.G. Exceeds Loan, October 23, 2008
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