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By Chad Hemenway, PropertyCasualty360.com |
November 8, 2010
American International Group said the sale of one foreign insurer and the initial public offering of a second have raised enough money to repay a line of credit it has with the Federal Reserve Bank of New York.
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By Arthur D. Postal, PropertyCasualty360.com |
November 1, 2010
The independent auditor of the Troubled Asset Relief Program is questioning the Treasury Department's arithmetic as it relates to the government's projected losses on its investment in American International Group.
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By Arthur D. Postal, PropertyCasualty360.com |
October 27, 2010
The independent auditor of the Troubled Asset Relief Program is questioning the Treasury Department's arithmetic as it relates to the government's projected losses on its investment in American International Group.
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By Arthur D. Postal, PropertyCasualty360.com |
October 26, 2010
The independent auditor of the Troubled Asset Relief Program is questioning the Treasury Department's arithmetic as it relates to the government's projected losses on its investment in American International Group.
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By Arthur D. Postal, PropertyCasualty360.com |
January 26, 2010
The Federal Reserve Bank of New York had American International Group use bailout money to pay banks full collateral on assets, some of which had dropped in value by more than 60 percent, a federal official is to tell a congressional committee.
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By Arthur D. Postal, PropertyCasualty360.com |
January 18, 2010
Treasury Secretary Timothy Geithner has been scheduled to testify before a House committee concerning controversial dealings between the Federal Reserve Bank of New York and American International Insurance.