Ailing insurance giant American International Group (AIG) appears to be stabilizing after reducing its federal bailout obligation to $120.7 billion, the Government Accountability Office reported Monday.But taxpayers should have continuing concerns over whether what was once the world's largest insurance company can successfully restructure and pay back taxpayers, according to the federal report issued to Congress.The Government Accountability Office (GAO) released the AIG report as its seventh analysis of the taxpayers' risk remaining from the Troubled Asset Relief Program (TARP) passe...
Comments