Fed may reduce AIG s credit line by $3.6 bln - Bloomberg (at Reuters)

Fed may reduce AIG s credit line by $3.6 bln - Bloomberg (at Reuters)

August 23, 2010, 12:52 am

The Federal Reserve plans to reduce AIG s credit line by about $3.6 billion, in a sign of growing confidence that the government bailed-out insurer can emerge out of taxpayer support, Bloomberg said, citing a person with knowledge of the proposal.