Thursday, May 27, 2010

Fed Is Confident of AIG Payback, but Skeptics Remain

Federal overseers of American International Group Inc. and its chief executive sought to convince a skeptical congressional panel that the U.S. would recoup the record sum extended in the AIG bailout.

Federal Reserve officials said they are increasingly confident the government-controlled insurer will repay what it owes the central bank, but their Treasury Department counterparts appeared less certain...

WSJ: Fed Is Confident of AIG Payback, but Skeptics Remain

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