AIG stock's slide can hurt the taxpayers

[centsgirl]

AIG may not generate as much outrage as it did back in 2008 and in 2009 when the financial area was in a free fall.

The Treasury Department owns a 92% stake in AIG 1.655 billion shares. With that investment, dangerously close to slipping into the red.This is not good when America is already in the red with everything else.

AIG, to its credit, has paid back a big chunk of the $180 billion lifeline the government extended it, what is a big chunk in their eyes? To me it would be close to all of it. They was able to pay this back by the sale of the life insurance division Alico to MetLife.They got 16 billion for this sale.

The Treasury still has $47.5 billion in cash invested in AIG through the insurer's common stock.