Summary Box: AIG making nearly $4B bailout payment AIG REPAYING UNCLE SAM: American International Group Inc. is paying back nearly $4 billion in federal bailout money with proceeds from a debt sale at its aircraft leasing unit. CREDIT LINE SHRINKS: The payment trims the balance AIG owes on its credit line… American International Group – [...]
AIG repaying nearly $4B in U.S. federal loans through aircraft unit’s debt sale NEW YORK, N.Y. – In its single biggest repayment of bailout loans so far, American International Group Inc. said Monday it is paying back nearly US$4 billion in taxpayer aid with proceeds from a recent debt sale. Read more on The Canadian [...]
AIG repaying nearly $4 billion in federal loans NEW YORK – In its single biggest repayment of bailout loans so far, American International Group Inc. said Monday… Read more on Boston Herald
AIG’s ILFC unit repays nearly $4 billion of U.S. loans American International Group’s aircraft leasing unit ILFC repaid nearly $4 billion of U.S. loans after raising new debt from investors, a source familiar with the matter said on Sunday. Read more on Reuters via Yahoo! News
GRAINS-Wheat falls nearly 1 pct with Russia rains forecast GRAINS-Wheat falls nearly 1 pct with Russia rains forecast Read more on FOX Business
Nearly half NC’s state-chartered banks ‘troubled’ CHARLOTTE, N.C. (AP) – Nearly half of the 86 banks chartered in North Carolina and overseen by state regulators are troubled institutions hurt by sliding real estate values, overdue loans and weak loan demand, regulators said. Read more on Ventura County Star
Paul Allen’s Charity Promise: Microsoft Billionaire Will Donate Nearly Everything After His Death What’s Your Reaction? SEATTLE — Microsoft co-founder Paul Allen said Thursday that the majority of his wealth will go to philanthropy after his death. Read more on The Huffington Post
Survey: Nearly 30 percent of Virginia localities have had to increase taxes RICHMOND, Va. — City and county governments are relying most heavily on cuts to funds for schools, police, parks, streets and social services to cope with reduced state aid. Read more on Kingsport Times-News
Nearly time for LeBron to make his long-awaited decision CLEVELAND — As he dressed in his spacious corner locker, LeBron James glanced over at the news scrolling across the flat-screen TV on the far wall. The ticker read: “NBA: Kobe Bryant signs three-year contract extension with Los Angeles Lakers.” Read more on The Mercury
(AFX UK Focus) 2010-06-16 02:45 Nikkei up nearly 2 pct, hits 1-mth high above 10,000 By Aiko Hayashi Read more on Interactive Investor