Financial Times FT.com

AIG continues lobbying despite bail-out

By Stephanie Kirchgaessner in Washington and Francesco Guerrera and Saskia Scholtes in New York

Published: October 12 2008 20:42 | Last updated: October 12 2008 20:42

AIG has no plans to suspend lobbying activities in Washington, in spite of the US government’s unprecedented $85bn bail-out of the insurance group.

The company, which is coming under intense pressure in Congress to rein in excessive spending, said it would continue to lobby members of Congress because it was important for the company and its shareholders to keep tabs on legislative activities in Washington.

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