After committing another $30 billion this morning, even more government aid might be needed down the road to keep American International Group in business, federal officials warned this morning.
Meanwhile AIG Chairman and Chief Executive Officer Edward Liddy said it will take time to restore the carrier's independence from government support because of the size of the company and the poor economy.
In a joint statement, the Treasury and the Federal Reserve Board warned that because of the "systemic risk" AIG poses to the world financial system, "restructuring will take time and possibly further government support, if markets do not stabilize and improve."
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