Good News, Bad News in AIG Sale

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By Heather Horn of The Atlantic Wire

Mere days after AIG’s staggeringly poor fourth quarter numbers dropped, taxpayers were cheered by news of a profitable deal: Prudential will buy AIG’s super-profitable Asian life-insurance business for $35.5 billion. But will this windfall translate into repayments on the $182.3 billion loaned by TARP? That’s just not clear.

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