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Archive Home > 2009 > November > 17 > Officials may have bungled AIG bailout

Officials may have bungled AIG bailout


November 17, 2009

WASHINGTON — Officials handling the multibillion-dollar bailout of insurance giant American International Group Inc. mismanaged an initial rescue attempt and may have overpaid other banks to wind down AIG’s business relationships, a government watchdog says.

The Federal....

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