STOCKS NEWS US-AIG seeks to relax disposal rules: FT

Stocks on the move [HOT-RTRS] Real-Time Equity news [U E]

U.S. stock market report [.N] 0750 ET 31Dec2008-AIG seeks to relax disposal rules: FT ------------------------------------------------------------------------------

American International Group (AIG.N) is preparing to ask the U.S. Federal Reserve to relax the rules on its disposals program in order to allow bidders to use a great proportion of shares to pay for its assets, according to a Wednesday report in the Financial Times.

Among the changes being considered are installment payments and other flexible options, the paper read. [ID:nBNG388372]

AIG shares rose 2 cents to $1.58 in premarket trade.

Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net 0733 ET 31Dec2008-Madoff has Wed deadline to disclose assets ------------------------------------------------------------------------------

Bernard Madoff, the confessed operator of a $50 billion Ponzi scheme, has a Wednesday Dec. 31 deadline to disclose his worth and where his assets are to regulators, though his investors may have to wait before they learn the figures.

Legal experts said that if it was discovered that Madoff failed to include all of his assets, it could be seen as perjury. [ID:nN30353781]

Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net 0722 ET 31Dec2008-Oil continues to fall on economic worries ------------------------------------------------------------------------------