AIG’s “For Sale” List Expected Next Week

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American International Group Inc. should have a list of assets it wants to sell by next week, its new chief executive said on Monday, as the company prepares to split itself up to repay an emergency bailout loan.

The New York-based financial titan, which was once the world’s most valuable insurer, needs to raise cash quickly to repay an $85 billion U.S. Federal Reserve loan that allowed it to avoid bankruptcy after taking massive losses on mortgage derivatives.

Its Los Angeles aircraft leasing unit, International Lease Finance Corp, and its large U.S. life insurance and annuity arm American General, which it bought in 2001, could be top of the list, analysts said.




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