AIG Raises $37 Billion To Pay Back Government
RENEE MONTAGNE, host:
NPR's business news starts with a big check from AIG.
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MONTAGNE: This morning, the giant insurance company announced it has raised nearly $37 billion to start paying back the government bailout it received two years ago. AIG received $100 billion worth of taxpayers funds during the financial crisis. AIG raised the new funds by selling overseas businesses.
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