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BUSINESS BRIEFS: AIG reduced its U.S. debt

 
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Published: November 8, 2008

Nation

AIG reduces Its U.S. debt

CHARLOTTE, N.C.American International Group Inc. reduced the amount it owes the U.S. government by another $2.3 billion as the insurer continues to use the Federal Reserve’s new commercial-paper-funding program. The updated figures come as reports circulated Friday that New York-based AIG may receive less stringent loans terms.

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