AIG Sells Asian Unit to Prudential Plc for $35.5 Billion to Pay Back U.S.

[NJmaverick]

American International Group Inc. agreed to sell an Asian life insurance unit with 20 million customers to Prudential Plc for $35.5 billion in the company’s biggest divestiture since it was bailed out by the U.S.

http://www.bloomberg.com/apps/news?pid=20601103&sid=adczb4pX60uk

[AndyA]

1. They'll do anything to get out from under U.S. scrutiny. They want those BIG BONUSES again!

They're heard about Goldman, and all the others who are back on the Gravy Train after a brief detour, and they need money. That 2008 Porsche is so dated now, compared to all their peers with 2010 models!

[NJmaverick]

2. Once they pay back what they owe the tax payers I really don't care what they do

as long as they don't show up again at the government's door with hat in hand.

[AndyA]

3. Which is exactly why new regulations need to be put in place.

I've read where they seem to be right back on the same path they were on in 2008, before the big crash. :(