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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Secondary Navigation Singapore Asia Pacific World Search Search: US govt near deal to review AIG rescue package: report AFP - Monday, November 10 WASHINGTON (AFP) - - The US government and giant troubled insurer American International Group are near a deal to replace AIG's original 123-billion-dollar rescue package with a new 150-billion-dollar deal, The Wall Street Journal reported on its website late Sunday. Citing unnamed people familiar with the matter, the newspaper said the proposed new bailout package would considerably ease terms on the company. Details of the revised deal could be announced as soon as Monday, the report said. Under the terms of the deal under discussion, the government would give AIG more money, including 40 billion dollars from the Treasury's 700-billion-dollar Troubled Asset Relief Program approved by Congress, The Journal said. It would also demand less interest than on the original loan, according to the report. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Business China regulator urges banks to bolster risk controlsReuters - 45 minutes ago Australia's central bank slashes growth forecastsAP - 46 minutes ago France, Australia ministers meet to boost tiesAFP - 49 minutes ago Indian shares up more than 3 pct as sentiment liftsReuters - 50 minutes ago China's economy to grow 8-9 percent in '09: central bank chiefAFP - 52 minutes ago Enlarge Photo US govt near deal to review AIG rescue package: report Related Photos Slideshow Full Photo Coverage: Business & Economy Most Popular – Business Viewed Documents expose Prince William RAF training row: report G20 pledges 'all necessary steps' to restore stability In Obama's victory, Americans see legacy of Lincoln Porsche hits record results on the back of VW shares Obama: First pooch may be mutt 'like me' View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology

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