8-K/AMaterial AgreementsExhibits & Filings

AMERICAN INTERNATIONAL GROUP, INC. 8-K/A Report, Material Agreement (Jan 29, 2010)

Filed January 29, 2010For Securities:AIG

Summary

This 8-K filing from American International Group (AIG) on January 29, 2010, primarily serves as an amendment to a previous Form 8-K. The core purpose of this amendment is to publicly disclose the unredacted version of Schedule A to the Shortfall Agreement, originally dated November 25, 2008, between AIG Financial Products Corp. and Maiden Lane III LLC. Previously, certain information in Schedule A was redacted due to confidential treatment granted by the SEC under the Freedom of Information Act, classifying it as confidential commercial or financial information. For investors, this filing signifies increased transparency regarding a significant agreement related to AIG's financial products division and its dealings with Maiden Lane III, an entity associated with the Federal Reserve Bank of New York. While the agreement itself is from 2008, the unredaction now provides a more complete view of the terms and conditions impacting AIG's financial obligations and potentially its relationship with government-sponsored entities during a critical period.

Key Highlights

  • 1Amendment to a previous 8-K filing to provide an unredacted Schedule A to the Shortfall Agreement.
  • 2The Shortfall Agreement is between Maiden Lane III LLC and AIG Financial Products Corp., dated November 25, 2008.
  • 3Previously redacted information in Schedule A is now being publicly disclosed.
  • 4The redactions were granted confidential treatment by the SEC due to being confidential commercial or financial information.
  • 5This filing increases transparency regarding a material agreement involving AIG's financial products arm and Maiden Lane III.
  • 6The disclosure pertains to AIG's obligations and relationships during the financial crisis period.

Frequently Asked Questions

The main purpose of this filing is to provide an unredacted version of Schedule A to the Shortfall Agreement between Maiden Lane III LLC and AIG Financial Products Corp., which was previously partially redacted for confidentiality.

The parties involved in the Shortfall Agreement are Maiden Lane III LLC and AIG Financial Products Corp.

Part of Schedule A was previously redacted because the information qualified as confidential commercial or financial information, and the SEC had granted confidential treatment for it under the Freedom of Information Act.

The unredaction means investors now have access to more complete details of a material agreement related to AIG's financial products business and its dealings with Maiden Lane III, potentially offering greater insight into AIG's financial commitments and historical financial crisis-related arrangements.