AIG to Accelerate Repayment of Bailout Money
AIG has laid out a plan to repay the TARP money at a more accelerated pace. Some analysts say this increases the risk for stock holders and profitability. However some say that if AIG can repay 80 plus billion in just a few short years then maybe they didn't need the bailout money in the first place. This debate will go on until history proves out what was right. Anyway you skin it, AIG is no longer the same company it was. It has however given the financial world an example of what not to do with risky financial products. Until next time be careful out there and know your risks. K