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The $123 billion liquidity lifeline the federal government is providing to American International Group might not be enough to keep the company going given the credit crunch still hamstringing the economy while it tries to sell off enough assets to pay back taxpayers, Chairman and CEO Edward Liddy warned.

Mr. Liddy made his comments in an Oct. 22 interview with Ray Suarez on the Public Broadcasting System’s “News Hour with Jim Lehrer,” where he explained that the company’s collateralized debt obligations are weighing heavily on its liquidity.

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