US Government Uses Bailout to make 73 New Millionaires in NY AIG, the nationalized insurance giant continues to hand out million dollar bonuses to the same individuals that created the financial frauds that stripped the people of America of their wealth, homes and well being. The government took over AIG last fall and owns over 80 percent of the insurance industry. Working to continue the continuum the government has handed out over 150 million of money it borrowed from China to reward the people who crushed the company it took over.