the new york that is provided 83 billion upport, 26 billi of which represents loans outstanding to the parent company, 25 billion of which represen preferred interest in aig's two largest international life insurance subsidiaries and $31 billn of which represents loans to two special purpose vehicles form to require troubled assets from aig in november 2000 a.. the treasury is provided 49 billion in the form of cod and preferred stock. in addition the aig credit facility trust established for the benefit of the taxpayers in connection with the original funding of the new york federal reserve credit facility holds aig preferred stock which represents approximately 80% of aig's outstanding common stock of a fully diluted basis. the substantial financial commitment has enabled aig to remain a concern with the investment grade rating however without government support because of the leverage in risk associated with its financial product business it would not have an investment grade rating that is critical to the competitiveness of its insurance subsidiaries therefore the objective of the