AIG to repay taxpayers? It could be awhile


Just over a year after the federal government bailed out American International Group (AIG), a congressional study released today says it's "unclear" that the troubled insurer will be able to repay the money it received from the Fed and Treasury Department.

Likely boosting those odds, Rep. Edolphus Towns, the New York Democrat who leads the House Oversight Committee, said he wants to explore reworking the terms of the $182 billion credit line the Treasury Department and Federal Reserve have extended to AIG. That sent the company's stock soaring.