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Fed Bailout Was Only Option For AIG, Ex-CEO Says

By Erica Teichert · November 5, 2014, 8:00 PM EST

Former American International Group Inc. CEO Robert Willumstad said Wednesday that the troubled insurance giant had no choice but to accept the New York Federal Reserve's bailout terms in September 2008,...

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Fed Bailout Was Only Option For AIG, Ex-CEO Says

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