It looks like the U.S. government’s rescue of insurance giant AIG is coming to an end. And, amazingly enough, it’s a happy ending: The government is selling the last of its AIG stock — for a profit.
The U.S. government will continue to hold major stakes in the housing and financial worlds even though it is set to sell most of its remaining investment in AIG.
Stock sale would reduce the U.S. government's stake in the once-troubled insurance firm to less than half for the first time since it bailed out AIG in 2008.
