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Archive Home > 2009 > April > 01 > GAO: Feds should take harder line with AIG

GAO: Feds should take harder line with AIG


April 1, 2009

WASHINGTON — The Treasury Department should deny American International Group Inc. a $30 billion “contingency” bailout until the company agrees to take back millions in bonuses and negotiate cheaper exits from its financial contracts, congressional auditors said....

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