NU Online News Service, Jan. 27, 3:09 p.m. EST

The Financial Crisis Inquiry Commission (FCIC) placed American International Group at the "center" of the financial crisis that started in 2008 and continues to bedevil the country.

In its conclusion, the report said the financial crisis reached "seismic" proportions in September 2008 with the failure of Lehman Brothers and the "impending collapse of the insurance giant AIG before it was bailed out by the Federal Reserve Board."

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