AIG unit sues Countrywide over loan losses (AP)

[riky]

AIG unit sues Countrywide over loan losses
    (AP)

 

AP - A unit of embattled insurer American International Group Inc. filed suit against mortgage lender Countrywide Financial Corp. in California federal court Thursday, alleging Countrywide misrepresented the health of loans that the company insured, resulting in massive losses.


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