US authorities are going to sell their share in AIG

American International Group and representatives of the US government who supervise the company, develop a plan for the full compensation for American taxpayers spent on saving the insurer, writes The Wall Street Journal .

This plan will allow AIG to regain independence, the newspaper was told by sources familiar with the situation.

In accordance with the plan, which can be launched already in the first half of 2011, the US Department of Finance probably converts the AIG privileged shares of $ 49 billion into ordinary shares.

As a result, the share of the government in the authorized capital of the company will exceed 90% compared to the current 79.8%. Then ordinary shares will be gradually sold to investors, which will reduce the State Duma in the company and even, perhaps, bring the government a profit if the price of shares rises.

The state of the state from capital AIG will take several years. If the AIG Ministry of Finance exiting the Ministry of Finance will be implemented, this will become a victory for both the government and the company itself, the article says.

The world's largest AIG insurer received the largest assistance from American taxpayers during the crisis. Exactly two years ago, the US government saved the company from collapse and allocated funds in the amount of more than $ 120 billion.