Well they've been talking about this for sometime in the Stowe area, and now it's been confirmed: AIG will sell off its venerable Vermont ski resort, Stowe Mountain Resort.
Investors are making bids and apparently there are many groups interested in owning the resort, known for its challenging Front Four terrain and its new, chi-chi mountain lodge at the base of Spruce Peak.
It's rather strange that I, as an American taxpayer, partially own AIG right now because of the government bail-out. They better make a pretty penny on this sale!
Here's a link to the story in the <link http: www.burlingtonfreepress.com article business external-link-new-window>Burlington Free Press and <link http: timesargus.com article news01 external-link-new-window>Times-Argus.