NU Online News Service, Nov. 5, 3:44 p.m. EDT
Robert H. Benmosche, president and chief executive officer of American International Group, now predicts that AIG's repayment of a line of credit it has with the Federal Reserve Bank of New York (FRBNY) could be complete before the end of this year, a company spokesperson confirmed.
AIG had previously announced that repayment to the FRBNY would close by the end of the 2011 first quarter.
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