Reuters alone with Treasury’s plans for two large AIG stock sales
12.21.2010
Reuters exclusively reported on Dec 21 that the U.S. Treasury Department was planning two large sales of AIG shares in 2011, and aimed to unload any remaining stock in 2012. The sale would mark a major step in getting the government out of its investment in AIG, which received a $182.3 billion bailout package during the financial crisis. The latest Reuters headlines were immediately cited by CNBC; Bloomberg and Dow Jones both credited Reuters for breaking the news. Reuters also published an indepth Special Report on AIG that revealed new details about the behind-the-scenes maneuvering, setbacks, debates and conflicts over the past year as the insurer struggled to free itself of government support.