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AIG

New York, N.Y. | See all recipients in New York
$67.8B Disbursed
$67.8B Returned
$5.03B Revenue to Gov't
$5.03B Profit
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  • Our frequently updated database tracks every dollar. In the scorecard, we provide a summary generated from the latest numbers.

On four separate occasions, the government offered aid to AIG to keep it from collapsing, rising from an initial $85 billion credit line from the Federal Reserve to a possible commitment of about $182 billion between the Treasury ($69.84 billion) and Fed ($112.5 billion). The "committed" number above only reflects Treasury's commitment, which came under the TARP.

On January 11, 2011, AIG, the Treasury and Federal Reserve executed a plan to extricate AIG from government support. AIG paid off the Fed's loans. To extricate the Fed from its investment in two AIG subsidiaries, the plan called for AIG to draw down approximately $20 billion more from the Treasury (for a total investment of $68 billion). AIG used that money to buy the stakes in the subsidiaries, which it then immediately transferred to Treasury. The plan also called for the Treasury to convert its other investments in AIG into AIG common stock - bringing its holdings to 92.1 percent of the company. To recoup the $68 billion, the plan called for Treasury to sell off its stake in the AIG subsidiaries and its AIG common stock over time. The "Events" notes to the left show Treasury's remaining equity stake in AIG as it sold off those shares.

On Dec. 11, 2012, the Treasury sold its last remaining portion of AIG stock, ultimately earning a profit of about $5 billion. The Federal Reserve ultimately realized a profit of about $17.7 billion from its role in AIG's bailout.

Events

Date Type Amount Program Description
03/01/2013 Warrant $25,150,923 SSFI Warrant Proceeds
03/01/2013 Warrant $5,768 SSFI Warrant Proceeds
12/14/2012 Refund $2,774,686,768 SSFI Repayment
12/11/2012 Proceeds $4,835,810,802 SSFI Revenue from Sale of Stock
09/11/2012 Refund $2,699,999,965 SSFI Partial Repayment
09/11/2012 Refund $17,999,999,973 SSFI Partial Repayment
08/06/2012 Refund $750,000,002 SSFI Partial Repayment
08/03/2012 Refund $4,999,999,993 SSFI Partial Repayment
05/07/2012 Refund $749,999,972 SSFI Partial Repayment
05/06/2012 Refund $4,999,999,993 SSFI Partial Repayment
03/22/2012 Refund $1,493,250,339 SSFI Partial Repayment
03/15/2012 Refund $44,941,843 SSFI Partial Repayment
03/15/2012 Refund $1,521,632,096 SSFI Partial Repayment
03/08/2012 Refund $6,000,000,008 SSFI Partial Repayment
03/08/2012 Refund $5,576,121,382 SSFI Partial Repayment
11/01/2011 Refund $971,506,765 SSFI Partial Repayment
09/02/2011 Refund $55,885,302 SSFI Partial Repayment
08/18/2011 Refund $2,153,520,000 SSFI Partial Repayment
08/17/2011 Refund $97,008,351 SSFI Partial Repayment
05/27/2011 Proceeds $110,000,000 SSFI Commitment Fee Payment
05/24/2011 Refund $5,800,000,000 SSFI Partial Repayment
03/15/2011 Refund $55,833,333 SSFI Partial Repayment
03/08/2011 Refund $5,511,067,614 SSFI Partial Repayment
03/08/2011 Refund $1,383,888,037 SSFI Partial Repayment
02/14/2011 Refund $2,009,932,072 SSFI Partial Repayment
02/14/2011 Refund $185,726,192 SSFI Partial Repayment
12/17/2010 Proceeds $55,000,000 SSFI Commitment Fee Payment
03/02/2009 Purchase $29,835,000,000 SSFI Purchase - Preferred Stock w/ Warrants
11/25/2008 Purchase $40,000,000,000 SSFI Purchase - Preferred Stock w/ Warrants

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