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Reuters: AIG gets NY state help to stave off cash crunch

Started by chris, September 16, 2008, 05:00:29 PM

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chris

AIG gets NY state help to stave off cash crunch
      


NEW YORK (Reuters) - A complex asset swap brokered by New York state officials will give embattled American International Group a $20 billion lifeline, but the insurer's longer term rescue plan will depend on additional funding.
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