Inside AIG's Biggest Surprises
American International Group is, for lack of a better phrase, one great big heaping mess. Not only is the company the largest underwriter of commercial and industrial insurance in the United States, but its reach goes beyond - well beyond -- insurance coverage.
Did you know, for example, that the flailing insurer owns Stowe Mountain Resorts in Vermont and more than 900 jets?
Thus, in the interest of financial accountability, we at TheStreet have been peering into the depths of AIG for weeks, studying the assets that it may -- or may not -- shed in an effort to repay its $85 billion loan from the government. What follows is a snapshot of the surprising results.
Did you know, for example, that the flailing insurer owns Stowe Mountain Resorts in Vermont and more than 900 jets?
Thus, in the interest of financial accountability, we at TheStreet have been peering into the depths of AIG for weeks, studying the assets that it may -- or may not -- shed in an effort to repay its $85 billion loan from the government. What follows is a snapshot of the surprising results.
By Jeanine Poggi
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| AIG isn't only the biggest insurer, but also holds some unlikely assets. Take a peek into the mystery that is AIG. |
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