FACTBOX-AIG discloses counterparties on CDS transactions

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Sun Mar 15, 2009 5:45pm EDT

 NEW YORK, March 15 (Reuters) - American International Group
Inc (AIG.N) disclosed on Sunday that U.S. and European banks  have
been among the biggest beneficiaries of the up to $180 billion
U.S. taxpayer bailout of the insurer.
 The following lists the collateral postings for counterparties
who bought credit default swaps from AIG Financial Products
between Sept. 16, 2008 -- the date of the initial government
rescue -- and Dec. 31, 2008:
Counterparty Amount           Posted ($ BLN)
-------------------------------------------
Societe Generale (SOGN.PA)        $4.1
Deutsche Bank (DBKGn.DE)           2.6
Goldman Sachs Group (GS.N)         2.5
Merrill Lynch & Co Inc (BAC.N)     1.8
Calyon [CRINDZ.UL]                 1.1
Barclays PLC (BARC.L)              0.9
UBS AG (UBSN.VX) (UBS.N)           0.8
DZ Bank [DETGNF.UL]                0.7
Wachovia Bank (WFC.N)              0.7
Rabobank [RABOM.UL]                0.5
KFW [KFW.UL]                       0.5
JPMorgan Chase (JPM.N)             0.4
Banco Santander SA (SAN.MC)        0.3
Danske Bank (DANSKE.CO)            0.2
Reconstruction Finance Corp        0.2
HSBC Holdings PLC (HSBA.L)         0.2
Morgan Stanley (MS.N)              0.2
Bank of America Corp (BAC.N)       0.2
Bank of Montreal (BMO.TO)          0.2
Royal Bank of Scotland (RBS.L)     0.2
-------------------------------------------
Top 20 CDS Total                 $18.3
Other                              4.1
Total Collateral Postings        $22.4
Source: AIG
     (Compiled by Emily Chasan)


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