AIG, new loss of $62 bill in 4th quarter of 2008. Governement already owns 80% of AIG

As result of the earlier interventions, which included a $60 billion loan, a $40 billion purchase of preferred shares and $50 billion to soak up the company’s toxic assets, gov owns 80% of AIG.
Now the deal would have the government commit another $30 billion.

http://www.nytimes.com/2009/03/02/business/02aigweb.html?hp