AIG's Miller Says Citigroup, GM Show Way to Independence

AIG's Miller Says Citigroup, GM Show Way to Independence

Dec. 14 (Bloomberg) -- Steve Miller, chairman of American International Group Inc., discusses the outlook for the insurer's independence after the Treasury Department's divestiture of holdings in other bailed-out companies. Treasury, which invested more than $49 billion to prop up AIG, plans to convert its preferred stake into common stock by March 15 and will sell the shares to private investors. Miller speaks with Margaret Brennan on Bloomberg Television's "InBusiness." (Source: Bloomberg)
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