AIG (AIG), which last year failed in an attempt to buy back its former mortgage bonds, has...

|By:, SA News Editor

AIG (AIG), which last year failed in an attempt to buy back its former mortgage bonds, has managed to repurchase some of the paper from institutions and banks. The acquisitions are part of AIG increasing its holdings in these kinds of assets despite their role in the near-collapse of the insurer and the financial crisis.