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Monday, March 02, 2009
U.S. Is Said to Offer $30 Billion More to Help A.I.G.
The federal government agreed Sunday night to provide an additional $30 billion in taxpayer money to the American International Group and loosen the terms of its huge loan to the insurer, which is preparing to report a $62 billion loss on Monday, the biggest quarterly loss in history, people involved in the discussions said. Read more... posted by Charles Monat Associates at 10:58 AM
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