aig

AP - When the government offered an emergency loan to insurer American Internat

AIG may have gotten a $150 billion deal Monday, but that's just a small fraction of the nearly $3 trillion in financial rescue programs the government has created to stabilize the U.S. economy.

Stocks climbed Monday morning as investors welcomed the government's revamp of its AIG bailout and news that China has initiated a $586 billion stimulus plan.

Insurance giant AIG gets fresh financial help from the US government, bringing the total aid package for the firm to about $150bn.

Troubled insurer American International Group got a new, $150 billion deal from the federal government on Monday, as the Federal Reserve and Treasury Department made significant changes to the terms of the company's original bailout.

The government is providing new financial assistance to troubled insurance giant American International Group.

It includes pouring $40 billion into the company in return for partial ownership. The action was announced jointly by the Federal Reserve and the Treasury Department Monday morning.

All told the moves boost aid to the company to around $150 billion.

American International Group is set to reveal its latest financial results on Monday amid growing signs that the government will rewrite the bailout deal that saved the troubled insurance giant from collapsing nearly two months ago.

The government has stepped in with nearly $125 billion to try and stabilize AIG. The nation's banks are tapping even more.

Now General Motors wants its own bailout.