AIG talks with U.S. authorities about possible breakup

02/26/2009 | Financial Times (free content)

American International Group is in advanced talks with U.S. authorities regarding a "controlled breakup" that would see the insurer split into at least three divisions, which would be government-controlled, sources said. The restructuring, which could be the end of AIG as a stand-alone insurance conglomerate, might provide a blueprint for splitting other troubled firms.

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