As American International Group announced the sale of its Hartford Steam Boiler unit to Munich Re Group in a deal worth $742 million–$458 million less than the carrier paid for HSB back in 2000–AIG’s top executive said nearly three-quarters of the company might have to be sold to repay its federal loan.

“We’re the only company that’s been helped by the federal government that has a plan to pay back every single penny that has either been loaned to us or invested in us,” AIG Chairman and Chief Executive Officer Edward Liddy said in a Dec. 23 interview on CNBC’s “Squawk Box.”

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