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  • AIG Warns of "Catastrophic" Collapse, Report Says

    Troubled U.S. insurance company AIG is seeking another bailout and warns that if the government abandons the company it may cause a "catastrophic" collapse. Bloomberg News said it acquired a 21-page presentation that outlined the consequences of allowing AIG to fail. The report said money-market...
    Posted to MND NewsWire (Weblog) by Anonymous on Mon, Mar 9 2009
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