Once bitten, twice shy ... never - AIG eyes way back into mortgage market

AIG, the insurance group bailed out by the US government after disastrous bets on the mortgage market, is exploring a way of ramping up its activity in the sector once again by buying home loans.

The potential move is a mark of AIGs increasing confidence as it looks to put behind it its $182bn bailout in 2008. It also signals a renewed appetite for innovation nearly four years after its rush into credit derivatives linked to mortgage products almost led to bankruptcy ... READ MORE

Released by the Financial Times - 1 April 2012