AIG to Have (Another) Share Sale; Fiscal Cliff Update; Draghi Named ...

Receiving Wide Coverage ... AIG Is Having (Another) Share Sale: The newly private (or perhaps newly re-private) AIG is set to sell its shares in Asian life insurer AIA. Prices have yet to be set, but the sale is expected to net the company anywhere from $6.4 billion to $6.7 billion, depending on what paper you ask. AIG told Dealbook it will "sell the shares to institutional investors" and "use the proceeds from the deal for...