Fed Said to Plan Reining in AIG's Credit Line by $3.6 Billion

"AIG, once the world’s largest insurer, was first rescued in September 2008 by the Fed. After three revisions, the firm’s rescue includes a $60 billion Fed credit line and a Treasury investment of as much as $69.8 billion. The Fed also agreed to pay up to $52.5 billion to buy mortgage-linked assets owned or backed by AIG. The insurer turned over a stake of almost 80 percent to the U.S. in exchange for the bailout."