AIG plan puts taxpayer in better position: Geithner

WASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner on Thursday said that a plan by AIG to exit government support means U.S. taxpayers will be in a better position to be repaid for their bailout of the insurer.

"The exit strategy announced today dramatically accelerates the timeline for AIG's repayment and puts taxpayers in a considerably stronger position to recoup our investment in the company," Geithner said in a statement issued shortly after AIG announced its plan.

(Reporting by David Lawder; Editing by Theodore d'Afflisio)