American International Group's various credit lifelines from the Federal Reserve Board as of yesterday totaled more than $100 billion, the New York Fed reported on its Web site today.
Meanwhile, a ranking Democratic senator demanded that "heads roll" in a continuing denunciation of AIG's lavishing a $440,000 outing on sales agents- days after the government first agreed to give the company an $85 billion bailout loan.
AIG said it cancelled a similar outing that was planned for next week at Ritz Carlton in Half Moon Bay, Calif. where single rooms can cost $599 a night and suites $2,900. News of the first expensive event held at Monarch Beach, Calif. surfaced at a Tuesday Congressional hearing and was attacked then by lawmakers.
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