AIG reported losses in the 4th quarter of 2008 of $60.7 $61.7 billion – the largest in corporate history (despite the bail-out). It’s asking for another $30 bn.
In response, the Dow went down to levels not seen since 1997 – below 7000.
Here’s what AIG and other financial institutions have got from the government so far:
AIG – $180bn
Bank of America – $45bn
Citigroup – $50bn
JP Morgan Chase – $25bn
Wells Fargo – $25bn
Goldman Sachs – $10bn
Morgan Stanley – $10bn
State Street – $3bn
Bank of New York Mellon – $3bn