Reuters - American International Group Inc agreed to sell its Asian life insurance unit to Britain's Prudential Plc for about $35.5 billion, in a deal that would help the U.S. government get back billions of its bailout money, sources familiar with the matter said.

Reuters - Two key Republicans are urging the House of Representatives to speed up a public hearing to investigate the administration's bailout of home funding giants Fannie Mae and Freddie Mac.

AP - The board of American International Group Inc. has approved the sale of its Asian life insurance arm to British life insurer Prudential PLC, according to media reports Sunday.

Reuters - American International Group Inc's board approved a $35.5 billion sale of its Asian life insurance business to Britain's Prudential plc , a source familiar with the matter said on Sunday.

AP - Prudential PLC, Britain's largest life insurer, is exploring a bid for the Asian life-insurance arm of American International Group Inc., according to media reports Saturday.

AP - Fannie Mae needs another $15 billion in federal assistance, bringing its total to more than $75 billion. And worse, the mortgage finance company warned its losses will continue this year.

AP - Among the earnings stories for Friday, Feb. 26, from AP Financial News:

AP - Conseco Inc., the parent of Banker's Life and Casualty and Colonial Penn Life Insurance, on Friday posted a fourth-quarter profit, reversing last year's loss, as sales rose 18 percent and the company lost less on investments than during the market downturn.

AP - WASHINGTON — Commerce Department releases personal income and spending for January, 8:30 a.m.; Commerce Department releases construction spending for January, 10 a.m.

Reuters - American International Group Inc has decided not to use securitized U.S. life insurance policies to repay the U.S. government after a $182.3 billion rescue, a source familiar with the matter said on Friday.