The rescue later swelled to about 152 billion

The sale is being handled by investment bank Moelis & Co.AIG has also retained UBS to sell its asset management business, and books are expected to go out shortly, possibly as early as this week, sources said.The third-party asset management business rests within AIG Investments, which had $111.5 billion in client assets under management overall as of September 30.AIG declined to comment.Last month, AIG agreed to sell its private banking unit, another business within its Asset Management group, to Abu Dhabi-based Aabar Investments PJSC (AABAR.AD) for $254 million.AIG, once the world's biggest insurer by market value, averted bankruptcy in September with an $85 billion federal bailout. The rescue later swelled to about $152 billion.AIG has said it plans to sell everything except its U.S. property and casualty business, foreign general insurance, and an ownership interest in some foreign life operations.Blackstone Group LP (BX.N) is the global coordinator for the sale of AIG's assets.Last week, a source said AIG was close to a deal to sell its Canadian life insurance business and an announcement could come this week. And last month, the insurer agreed to sell HSB Group to German reinsurer Munich Re (MUVGn.DE) for $742 million.CONSORTIUM WEIGHEDAIG has started selling assets, but is doing so at a difficult time as the financial crisis crimps the ability of any would-be buyers to complete deals."There are not a lot of firms that are awash with cash," said Donald Light, an insurance analyst at Celent. "The strength in negotiations lies with the buyer, and there are fewer buyers out there."The HSB sale came under fire from Maurice Greenberg, the former AIG chief executive, who said the price was "distressed" and sought an explanation from the AIG board for the sale process.Edward Liddy, AIG's CEO since the bailout, has said the company will not sell assets at fire-sale prices.

The terms of the revised bailout package also gives AIG more breathing room to pay the back the government.Still, selling ILFC, one of the world's largest aircraft leasing companies, could prove to be a challenge. Analysts have said the business could be worth as much as $8 billion.The possibility of forming a consortium to buy the unit is being looked at, the sources said."Figuring out the funding is the key part here," one source said.ILFC, run by Steven Udvar-Hazy, who is considered the godfather of the civil aviation market, owns about $55 billion worth of planes and is one of the biggest customers of both Boeing Co (BA.N) and Airbus, a unit of EADS (EAD.PA).ILFC relied on AIG's blue-chip credit rating for access to cheap capital for buying planes, but was locked out of the debt market in September due to the insurer's troubles.AIG's shares closed down 5 percent at $1.54 on the New York Stock Exchange. They hit a 52-week high of $59.42 last January.(Additional reporting by Lilla Zuill; Editing by Gerald E. McCormick and Jeffrey Benkoe)(For more M&A news and our DealZone blog, go to ) Deals. The Florida Tuskers (5-0), who have already clinched a spot in the leagues first ever championship game, made the roadie from Tampa to Rentschler Field outside of Hartford to face the winless New York Sentinels (0-5) in front of an announced crowd of 5,201. The Sentinels surprisingly gave the Tuskers all they could handle in the first half of the game, with the score 10-6 going into the half.

changed the game in a big way when he picked off New Yorks backup quarterback Ingle Martin in the end zone with only 22 seconds to go in the half.This really changed the momentum of the game as the Sentinels had put a pretty good drive together to try and take the lead before the end of the half.Martin was in at quarterback for the Sentinels because their starting signal caller, Quinn Gray, was injured a few plays earlier on the Florida 14-yard line. Martin threw two passes to finish out the half, one incomplete and the other intercepted by the aforementioned Manning Jr.That promising drive by the Sentinels would prove to be their best chance at giving the Tuskers a real game out of it. Florida scored another touchdown in the fourth quarter on a five-yard touchdown toss from QB Brooks Bollinger to Paris Warren, making the score 24-6.Bollinger also threw a touchdown pass in the first half, from four yards out to Jayson Foster, and the Tuskers tacked on a 38-yard field goal from Matt Bryant. Bollinger was his usual efficient self, throwing 19-for-27 for 215 yards.Michael Pittman also caught five passes for Florida, leading the way from a balanced attack for the Tuskers which, yet again, in one game saw 10 different players catch passes.The Florida Tuskers continue their dominance of the UFL this season as they have already secured a spot in the league's inaugural championship game later this month in Las Vegas.The Sentinels, however, are yet again left looking for their first victory of the year. Huyghue has been trying to bill this market area for one of the two planned expansion franchises for the 2010 UFL season. "Markets like Hartford appeal to us because I think we have the opportunity to come in here, not have a lot of competition, and to put a good quality product on the field," Huyghue said. One can speculate that, if the league does decide to expand, it will certainly attract more fans to come to the games and continue to grow this well-deserving league. .