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The House Committee on Standards of Official Conduct says in a description of ethics violations lodged against Rep. Charles Rangel that a $5 million grant he solicited from a foundation then associated with American International Group Inc. was used to create an academic institution that bears his name. In a “statement of alleged violation,” the committee also alleges that, in April 2008, Rangel met with lobbyists for AIG, New York (NYSE:AIG), in hopes of “closing a $10 million gift” for the Charles B. Rangel Center for Public Service, to create an “AIG Hall” in a new facility for the center.

The center is now in a student center that is part of the City College of New York.

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