AIG may not need more bailout cash

Updated

One of the financial crisis' founding institutions may – and I underscore may – be starting to heal.

American International Group (AIG), the embattled insurer rescued by the U.S. government, may post Q1 results this week that don't trigger a new capital injection from the government, Bloomberg News reported Tuesday, citing three people with the matter.

AIG will report Q1 results that will be better than the record $61.7 billion Q4 2008 loss, according to the sources, who spoke with Bloomberg News on condition that they not be identified. Shares of AIG closed Tuesday up 27 cents to $1.74.

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