is looking at possible acquisitions of parts of
American International Group
beyond AIG's Asian operations, the
In an interview, Prudential's CEO Mark Tucker told the
the company was "looking right across the board at the assets."
Tucker's comments suggest a broadening of Prudential's interest in AIG as it was thought the company only was interested in the U.S. insurer's Asian assets. The newspaper reports Prudential also may be eyeing parts of AIG's U.S. life business, citing people familiar with the situation.
Meanwhile, AIG reportedly has used $90.3 billion of a U.S. government credit line since it was bailed out last month, an amount greater than the size of the original loan meant to help the insurer stave off bankruptcy.
AIG may need more than the $122.8 billion now available to the company, CEO Edward Liddy said earlier this week. The company agreed to turn over majority control to the U.S. government in September exchange for an $85 billion loan. It received an additional $37.8 billion this month. AIG's latest balance was revealed Thursday by the New York Federal Reserve, and is up from $82.9 billion a week ago,
This article was written by a staff member of TheStreet.com.