AIG to sell assets including aircraft leasing: report | WHAT REALLY HAPPENED


AIG to sell assets including aircraft leasing: report

American International Group Inc, left with deep financial scars from losses on guarantees it wrote to cover mortgage-linked securities, is expected to sell off assets, including a profitable aircraft leasing arm, the Wall Street Journal report on Sunday.

AIG is under pressure to sell off some of its most valuable assets in a bid to quickly shore up capital.

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Hear that loud crack from under the pavement of Wall Street?

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