AIG Agrees To Repay $21 Billion Fed Credit Line In Deal With U.S. Treasury

Traders work at the American International Group Inc. (AIG) trading post on the floor of the New York Stock Exchange before the closing bell in New York, U.S., on Wednesday, Dec. 8, 2010. AIG will use proceeds from the sales of two non-U.S. life insurance units to repay a Federal Reserve credit line on which it owed about $21 billion as of last week, the company said today. Photographer: Jin Lee/Bloomberg via Getty Images
Traders work at the American International Group Inc. (AIG) trading post on the floor of the New York Stock Exchange before the closing bell in New York, U.S., on Wednesday, Dec. 8, 2010. AIG will use proceeds from the sales of two non-U.S. life insurance units to repay a Federal Reserve credit line on which it owed about $21 billion as of last week, the company said today. Photographer: Jin Lee/Bloomberg via Getty Images
AIG Agrees To Repay $21 Billion Fed Credit Line In Deal With U.S. Treasury
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Bloomberg / Contributor
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107432206
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Bloomberg
Date created:
08 December, 2010
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AIG REPAYS GOVERNMENT