AIG In Talks For MORE Government Cash

f?id=49a2fb58796c7a0b00b42aa8&maxX=251&m

Gee, how many times have we used that headline. AIG wants more cash again (again, again). We’ve lost track of the number of times they’ve come back to the trough for more help, but we doubt this will be the last.

CNBC’s David Faber says the insurance “giant” is set to report a $60 billion(!) loss next week, which could trigger a new round of downgrades, yadda yadda, etc.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.