American International Group Inc. is putting formal efforts to influence government officials on ice.
AIG, New York, has decided to "suspend all lobbying activities in conjunction with a review of all AIG expenditures and activities," company spokesman Joseph Norton says in a statement.
The review is being undertaken "to ensure that everything the company does goes to restore its profitability and return every cent of taxpayer help to the American people," Norton says.
AIG lobbying team employees will stay on the company payroll while the company conducts the review, Norton says.