April 11, 2012 at 13:52 PM EDT
Why Bailed-Out AIG Is Ready To Rumble In Real Estate
Bailed-out insurance giant American International Group (AIG) is planning to move back into real estate investments, changing course as it nears paying back the final billions it owes taxpayers. AIG has been shedding noncore businesses, including what was once a $24 billion portfolio of real estate assets, since its 2008 near collapse and government bailout. But the Wall Street Journal reports that the insurer is reaching out to apartment
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