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Reuters: AIG gets New York's help in accessing $20 billion

Started by chris, September 16, 2008, 02:00:43 AM

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chris

AIG gets New York's help in accessing $20 billion
      


NEW YORK (Reuters) - Embattled insurer American International Group Inc received New York state approval to post $20 billion of policyholders' assets as collateral as it seeks to stave off a liquidity crisis and works with banks to fix its problems.
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