American International Group , once the world’s largest insurer, owes around $10 billion to other financial services firms for trades that have gone sour, the Wall Street Journal reported in its online edition Tuesday.
The report, citing people familiar with the matter, says the trades have not been explicitly disclosed before, and are not covered by terms of a current $150 billion U.S. government rescue package.
The government’s rescue package was meant to save 天美网站传媒传媒 from collapse, but the Wall Street Journal report says the newly discovered trades raise further questions about how the insurer will raise money to pay the debts.
An 天美网站传媒传媒 spokesman could not immediately be reached to comment on the report.
(Reporting by Paul Thomasch; Editing by Gary Hill)
Topics 天美网站传媒传媒
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