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AIG to raise roughly $20 billion in capital

May 19, 2008
Story Timeline:  197 days

Giant insurer originally planned to raise about $12.5 billion AIG is also selling hybrid securities. That offering is still taking place, with some securities sold in U.S. dollars and others in euros and U.K. pounds. "We expect that when completed our total program including the hybrids will... [read full story]                    

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Latest article on this story:

AIG completes $20 billion capital raising plan (AP)

yahoo.com May 22, 2008
First article on this story:

AIG to raise roughly $20 billion in capital (at MarketWatch)

yahoo.com May 19, 2008
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