An initial public offering of AIA is likely, sources say. AIA, seen as AIG’s Asian crown jewel, is a key cog in the bailed-out insurer’s plans to repay U.S. taxpayers, who now own nearly 80 percent of the company. View article
The Wall Street reform bill appeared to gain the support it needed for final congressional approval as three key Republicans said they would support the measure. Analysts — and opponents of the bill — expect the bill to ultimately reach President Barack Obama’s desk for approval. View article
Former Treasury Secretary Henry Paulson says if the authority given in the Wall Street reform bill currently before Congress was available during his tenure, the impact of the financial crisis would have been significantly reduced. View NYT article






