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AIG repaying nearly $4B in federal loan obligations through aircraft unit’s debt sale

AIG repaying nearly $4B in federal loan obligations through aircraft unit’s debt sale NEW YORK, N.Y. – American International Group Inc. says it is repaying nearly US$4 billion in federal bailout loans. Read more on Brandon Sun

Summary Box: AIG making nearly $4B bailout payment

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

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

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

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 GRAINS-Wheat falls nearly 1 pct with Russia rains forecast Read more on FOX Business

Nearly half NC’s state-chartered banks ‘troubled’

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

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

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

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

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