American International Group Inc or AIG has recovered from the 2008 financial crisis after buying out the US government's last financial interest in the formerly beleaguered firm. The move was finalized when AIG bought back warrants issued by the US Treasury. The buy  back was valued at US$25 million.

After the US government saved the insurer from the brink of bankruptcy trough a bailout plan totaling US$182 billion, the US government ended up being a 90% shareholder at AIG . The bailout consisted of cash exchanged through stocks and warrants issued in the bailout plan. Over the past four years and change, the Treasury Department was able to sell off these shares of stock but the warrants remained.

The announcement was simple. AIG announced, "The US Treasury does not have any residual interest in AIG after AIG's repurchase of these warrants." The said warrants were issued in 2008 and 2009.