The U.S. Government Accountability Office (GAO) is keeping tabs on American International Group Inc. and the assistance the Department of the Treasury provided under the Troubled Asset Relief Program and the Board of Governors of the Federal Reserve System.

Since March 2008, the Federal Reserve and Treasury have made more than $182 billion available to assist AIG. And, as of Dec. 31, 2009, the outstanding balance of the assistance provided to AIG was $129.1 billion, about $8.4 billion more than the balance on Sept. 2, 2009, according to a recent GAO report.

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access