U.S. To Sell $18 Billion In Shares Of AIG

from National Public Radio

The U.S. government has announced it will sell at least $18 billion worth of shares of American International Group. During the financial crisis in 2008, the struggling insurance company was rescued with a government bailout. The federal government became AIG's majority stakeholder, but had promised that it was not a long-term investor.

Broadcast Dates

• Morning Edition, September 10, 2012