Insurance giant American International Group wants taxpayers to know that it really appreciates the nearly $200 billion bailout that it received from the U.S. government, and that the Treasury Department actually turned a multi-billion dollar profit on the deal.
AIG ( said it is launching an advertising campaign on Tuesday with the following message: "Thank You America." )
Until recently, the U.S. government owned as much as 92% of AIG. The insurer nearly collapsed in fall 2008, threatening to further damage an already-fragile global financial system before the U.S. government stepped in.
Not only did AIG pay the money back, but the company says that U.S. taxpayers netted a $22.7 billion profit from the deal.
The company said the ad campaign presents a positive portrait of AIG as it "helps American communities rebuild -- acting as the lead insurer at the new World Trade Center, helping Joplin, Missouri, come back from a devastating tornado in 2011, and assisting the East Coast as it recovers from Hurricane Sandy."