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Royal Dutch PLC Pulls Cash Out of Euro Banks

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    FBN’s Robert Gray with an afternoon market update, plus news that Royal Dutch Shell PLC is looking to take some of its money out of European banks d...

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What -- -- -- Fox Business freed American taxpayers' stake in AIG has been.

Further reduce now down to 53%.

The treasury department's as underwriters exercise their option for an additional 750 million bucks worth of AIG shares.

This part of a plan announced last Friday to sell shares owned by treasury.

Royal Dutch Shell is trying to move some of its cash out of European banks -- concerns about the region's debt crisis.

The real oil company's chief financial officer told the times of London it's considering putting some of its fifteen billion dollars in cash.

In US government bonds and banks.

And Federal Reserve Chairman Ben Bernanke says some economic gauges -- failed to imagine the suffering of individual citizens.

Bernanke says while some measures -- move in the direction of recovery it's clear many individuals continues struggling.

That is the latest from Fox Business.