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This is an archive article published on November 26, 2008

AIG gets $40 billion injection from Treasury

AIG says it has completed a $40 bn preferred stock sale to the US Treasury under TARP.

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American International Group says it has completed a $40 billion preferred stock sale to the US Department of Treasury under TARP.

Says to use proceeds to reduce borrowings under original credit agreement with Federal Reserve Bank of New York.

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