AIG (AIG -4.4%) agrees to sell 80% of its struggling American General Finance consumer-loan...

|By:, SA News Editor

AIG (AIG -4.4%) agrees to sell 80% of its struggling American General Finance consumer-loan outfit to Fortress Investment Group (FIG -4.5%) - for undisclosed terms, which dismays S&P's Cathy Seifert: "A company majority-owned by the government should be more transparent. People are going to conclude that the terms are not that attractive."