AIG agrees to $35.5 billion unit sale to Prudential: sources (Reuters)

Reuters - American International Group Inc agreed to sell its Asian life insurance unit to Britain's Prudential Plc for about $35.5 billion, in a deal that would help the U.S. government get back billions of its bailout money, sources familiar with the matter said.

Republicans want hearing on Fannie/Freddie bailout (Reuters)

Reuters - Two key Republicans are urging the House of Representatives to speed up a public hearing to investigate the administration's bailout of home funding giants Fannie Mae and Freddie Mac.

AIG board approves Asian life unit sale to Prudential (Reuters)

Reuters - American International Group Inc's board approved the sale of its Asian life insurance business to Britain's Prudential Plc for $35.5 billion, a source familiar with the matter said on Sunday.

Report: Prudential PLC nears buy of AIG unit (AP)

AP - The board of American International Group Inc. has approved the sale of its Asian life insurance arm to British life insurer Prudential PLC, according to media reports Sunday.

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