The insurance company and the US Treasury have reached an agreement that will allow the insurer to repay its debt to taxpayers.
Six months ago, when the US was out of control, news of Ireland's $68 billion bank bailout and Spain's debt downgrade could have sent us into a tailspin.
But bulls resist efforts to muscle the market lower. Gold briefly tops $1,314. Hewlett-Packard rises on bullish outlook. Nintendo tumbles on an earnings warning. A big IPO is postponed.
The Treasury Department will convert the $49 billion it holds in preferred shares to common shares.
The $2.15 billion deal is derailed because of the buyer's suspected links to China.
The bailed-out insurance company gets harsh comments from an investigating panel.
The company owes billions to taxpayers. If a sale goes through, AIG might start repaying some of that debt.
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As geopolitical tensions threaten to spin out of control, investors are wondering how best to position their portfolios for the global turmoil.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
Occupy Wall Street bought and forgave the student loan debt of more than 2,700 Everest College students.
Six weeks later, most Americans have forgotten about the 2014 tax season -- except those who didn't file by the April 15 deadline.
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