AIG (Fortune 500) 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."
|Much faster Wi-Fi coming soon|
|Chinese billionaire buys 007's yacht maker|
|Dow sinks 200 points after Fed hints at stimulus easing|
|J.D. Power ranks GM tops in quality for first time|
|Stratasys buys Makerbot 3-D printing company for $400 million|